First Green Deal Service in Private Sector

The first Green Deal service for private sector landlords was agreed last week. The service was created when the Residential Landlords Association and Cornish energy company Enact Energy agreed to join forces in a deal which could be worth up to £100m.  Seeking to target 1.4 million private landlords who may be in control of some of Britain’s least energy efficient buildings the deal aims to upgrade thousands of the UK’s draughtiest properties over the next five years.

As part of the scheme landlords will be offered a complete energy efficiency upgrade of their properties. This will be financially backed by access to grant funding and Green Deal finance when it becomes available in April or May of next year. Because of the length of time it may take to secure Green Deal funding Enact are encouraging landlords to take advantage of free and grant-funded insulation and heating measures which will be available through the Energy Company Obligation (ECO).

“Green Deal and ECO offer landlords a significant opportunity to improve the energy efficiency of their properties but the legislation and processes are complicated,” says Alan Ward, chair of the RLA.

At Bristol Property Centre we understand that the various legislation processes involved may be complicated. If you would like any help or advice regarding either the Green Deal or the ECO then please get in contact with us here: http://bristolpropertycentre.co.uk/contact_us.asp