Energy improvement concerns for Landlords
Energy and landlord organisations had called upon the Chancellor to extend the Landlord’s Energy Savings Allowance and were hoping for it to be addressed in the budget, as it turned out there was nothing in the budget that dealt with the allowance. The allowance will therefore now come to an end in April, the allowance has been a major support to landlords to invest in improving the energy efficiency of their properties.
RLA Chairman, Alan Ward was quoted as saying, “It is disappointing that Ministers have failed to listen to campaigners on this issue”
There were however outline plans announced in the budget that would make it illegal for private sector tenancy agreements to include clauses that prevent the sub-letting of the property,
Alan Ward further commented on these proposals.“Key questions remained unanswered such as who will be responsible for a property if the tenant sub-letting leaves the house but the tenant they are sub-letting to stays?“Similarly, given the Government wants landlords to check the immigration status of their tenants, who would be responsible for checking the status where sub-letting occurs?
“Whilst the RLA awaits further detail on this measure, it is difficult to see landlords supporting it.”
You May Also Enjoy
Three major cities buck commuter belt trend
One feature that can see homebuyers bag a bargain
Property expert reveals six easily avoidable house-buying errors
Renovating Rental Properties: How to Reduce Costs, Attract the Best Tenants, and Increase Profits Without Unnecessary Investment
Are landlord repossessions set to spike ahead of RRA?
