Latest Insurance News
Tenants 'likely to move on if property has poor energy efficiency'
18 Jul 2008
Poor energy efficiency in a property may increase tenant turnover, an expert claims.
Elizabeth Brogan, senior policy officer at the National Landlords Association (NLA), suggests while it is unlikely to affect a tenant's choice of property, it could have an impact once they have moved in.
She says people could think about moving on sooner than they perhaps would have if they "receive the energy bills and are feeling a bit cold and miserable".
Ms Brogan states landlord's energy saving allowance (LESA) will improve energy efficiency and make a property cheaper to run but argues it will not be a major factor for tenants.
She explains: "There are other factors that are more important. If you're looking for somewhere to rent
you're going to be looking at the various areas that you want to live in and then how much the rent is."
The NLA recently encouraged landlords to the LESA, which enables them to claim up to £1,500 per property against the cost of installing the likes of loft and floor insulation, draught proofing, cavity or solid wall insulation or insulation for hot water systems.
