Latest Insurance News
Buy to let insurance holders 'will benefit from govt green plans'
03 Mar 2010
Posted by Michael Brown
Private renters and buy to let insurance policyholders will benefit from government plans to help householders to make their homes warmer and cheaper to run, according to an expert.
The Department of Energy and Climate Change announced yesterday (March 3rd) that it was implementing a three-stage plan to help people make smarter use of gas and electricity.
This includes insulating six million homes by the end of 2011, insulating all practical lofts and cavity walls by 2015 and offering up to seven million eco-upgrades by 2020.
Chris Norris, policy manager at the National Landlords Association said it was reassuring that the proposals covered all types of tenure, therefore benefiting buy to let insurance policyholders and their tenants.
"However, privately rented property tends to be older and harder to make more energy efficient. It is hoped these measures will remove some of the barriers to making all accommodation less damaging to the environment," he added.
