Energy efficiency for landlords
Energy efficiency standards for rental properties are rising, presenting an excellent opportunity for landlords to improve their properties.
Staying compliant with the latest energy efficiency standards not only helps you meet legal requirements, but also boosts your EPC rating, attracting eco-conscious as well as cost-conscious tenants, and potentially increase your property’s value.
Landlords are required by law to ensure that their properties meet the required EPC rating, and Cosy Homes Oxfordshire is here to help you implement the changes needed to comply with these regulations and upgrade your property.
Benefits of retrofitting
- Improved EPC rating: Properties with higher EPCs attract more tenants, have fewer vacant periods, and report significantly lower maintenance costs.
- Comply with future standards: Stay ahead of future regulations that may restrict renting out properties that don’t meet the Minimum Energy Efficiency Standard (MEES)
- Reduce tenant turnover and rent arrears: Retrofitting a property lowers energy bills and improves the comfort for tenants, this leads to less tenant turnover, rent arrears and vacant periods.
- Protect against fuel poverty: Lower fuel bills for tenants help to protect against fuel poverty, and increasing their ability to maintain the property well.
- Enhance property attractiveness and value: Retrofit goes hand-in-hand with refurbishment, and increases the attractiveness of your property to prospective tenants and boosting its capital value.
These benefits make retrofitting a smart investment for landlords, enhancing property value, tenant satisfaction, and ensuring compliance with regulations.
Future-proof your property
By partnering with Cosy Homes Oxfordshire, you can be sure your properties meet and exceed the Minimum Energy Efficiency Standards (MEES). This proactive approach will future-proof your investments, making your properties more attractive to prospective tenants.
Our service helps reduce tenant turnover, lower maintenance costs, and increase the overall value of your properties. A higher EPC rating means your property will stand out in the market, offering tenants lower energy bills and a more comfortable living environment.
Why a Whole House Plan?
Opting for a Whole House Plan instead of individual measures provides a strategic and comprehensive approach to energy efficiency. This method allows us to address the root causes of issues like damp and mould, plan improvements in a logical sequence, and ensure that future retrofits are not compromised. By looking at the bigger picture, you can avoid expensive mistakes and make informed decisions that align with your budget and long-term goals.
Additionally, a Whole House Plan helps you find the most cost-effective way to meet current and future energy efficiency standards. It’s adaptable, allowing you to choose the level of investment that suits your financial situation while ensuring your property remains compliant and attractive to tenants.
A higher EPC rating not only makes your property more marketable but also significantly reduces energy bills, which is a major draw for prospective tenants.
Cost and discounts
The cost of a Whole House Plan is per property. However, if you manage multiple properties, especially those of similar age and specifications, we can offer a discount. This makes it more cost-effective to upgrade your entire portfolio. Contact us to discuss tailored pricing options for multiple properties.
Getting started
Position yourself as a forward-thinking landlord committed to sustainability and tenant well-being. Get in touch to start your retrofit journey and ensure your properties achieve higher EPC ratings, or jump straight in with our free Plan Builder advice service, or call 0330 223 2742 today!.
Are you a tenant?
If you’re a tenant in a private rental property in Oxfordshire and want to find out how to improve the energy efficiency of your home, you can find information in our blog post on the topic. The post includes a communications pack to help you start a dialogue with your landlord.