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July 23, 2018 by Tom

Leicester landlords will benefit from energy improvements

Leading Independent Letting and Property Management Agency for Leicester & Leicestershire Villages

Butlin Property Services - Lettings & Property Management Agent - Leicester Birstall Loughborough Clarendon Park Oadby Derby Nottingham
  • Tom Tom
  • July 23, 2018

Leicester landlords will benefit from energy improvements

Leicester landlords will benefit from energy improvements to their property to let as it will encourage tenants through the likelihood of reduced energy bills and will allow rents to be increased. The Residential Landlords Association is calling on the Chancellor to make all energy upgrades to rental property a tax-deductible expense.

Since April, all new or renewed private sector tenancies require properties to have at least an ‘E’ rating on their Energy Performance Certificate.

From 2020 that will apply to all private rented homes, with the target likely to be raised to a minimum C rating by 2030.

It says that if all energy improvements could be considered a tax-deductible repair, this would “encourage a culture of continuous improvements to property rather than simply meeting set targets and leaving them there”.

Energy efficient homes are good for Leicester tenants and good for landlords which is why we need to encourage Leicester landlords to make continuous energy improvements.

Find US:

Butlin Property Services

40 Howard Road

Clarendon Park

Leicester

LE2 1XG

E: lettings@butlinps.co.uk
T: 0116 274 5778

Find US:

Butlin Property Services

77 Sibson Road

Birstall

LE4 4DX

E: lettings@butlinps.co.uk
T: 0116 274 5778

Filed Under: Testimonials

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