Landlords urged to consider insulation
buy-to-let investors with London property in their portfolios have been urged to consider purchasing energy-saving technologies.
With the property downturn gathering pace and several landlords voicing concern over tightened access to mortgage funding, experts say investors will have to work extra hard to market their properties.
And now that Energy Performance Certificates are due to be made compulsory for all rented properties, the National Insulation Association (NIA) says the economic justification for going green will be apparent to all.
"There has never been a better time than now to insulate your home," asserted NIA, chief executive Neil Marshall. "With fuel costs predicted to rise further, the financial benefits will be more evident than ever."
He continued: "Home insulation is the single most effective method of saving money on domestic energy bills - typically cutting around £275 off the annual heating bill."
Alongside lower fuel bills, property experts also say that an increasingly eco-conscious general public will be more likely to favour environmentally friendly properties over those that exacerbate climate change.
Published 30th July, 2008
© 2008 Estates IT Limited
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Buy-to-let investors with London property in their portfolios have been urged to consider purchasing energy-saving technologies.