In this week’s #ASKTDS, with confirmation that our energy bills are due to increase to an average of £636 per household, we look at ways to improve our homes energy efficiency and help with the rising costs.
Before implementing home improvements, it’s important to determine how much energy is used in your home and how much it’s costing. Having an Energy Performance Certificate (EPC) is not only a legal requirement when renting a property, but will also help you identify potential opportunities to improve your homes energy efficiency. Unsure what your EPC rating is? Take a look here, and keep in mind the government’s proposal for new EPC regulations, meaning that from 2025, your rented property would need to have a certification rating of C or above in order to let out legally. EPC’s are valid for 10 years and may need updating if you have made changes to your home since the assessment. Once you know where you stand, there are a number of simple steps that landlords can take to make their properties more energy-efficient and help tenants to reduce their bills.
Tenants have little control over their rental property energy efficiency, so any support you can offer will help keep your tenancy a happy one.
Are your tenants aware of the Government grants? Currently, these are:
The Citizens Advice bureau can provide further information on these schemes here.
For more advice and tips for landlords, agents or tenants, visit our TDS Information lounge FAQ’S
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Tenancy Deposit Scheme (TDS) is a government approved scheme for the protection of tenancy deposits; TDS offers both Insured and Custodial protection and provides fair adjudication for disputes that arise over the tenancy deposits that we protect.
We provide invaluable training in tenancy deposit protection and disputes for agents and landlords through the TDS Academy as well as joining with MOL to provide the Technical Award in Residential Tenancy Deposits.
TDS Insured Scheme: where a TDS member can hold the tenancy deposits as stakeholder during the term of the tenancy.
TDS Custodial Scheme: where TDS hold the deposit for the duration of the tenancy.
TDS Academy: TDS provides property professionals with invaluable training in tenancy deposit protection and tenancy deposit disputes.
TDS can only comment on the process for our scheme, other deposit protection schemes may have a different process/require different steps. Content is correct at the time of writing.
These views are those of the author alone and do not necessarily reflect the view of TDS, its officers and employees.