From 1st April, all new rental leases and renewals of tenancies will be required to have an energy performance rating of at least E on an Energy Performance Certificate (EPC). For existing tenancies, the regulations come into force on 1st April 2020.
We wondered how much tenants are prepared to pay for energy efficiency. Properties across England and Wales let in 2017 with an energy performance rating of E achieved 3.1% more per square foot than properties let with an F or G rating. On an 800 square foot property, this equates to an average of £360 per year.
The majority of landlords are well prepared, but we calculate that around 7% of properties let in 2017 still need to be brought up to the standard required. Best prepared are London landlords where just 4.9% of properties let last year were lower than an E rating, while in the South West more than 10% of properties did not meet the standard.
At the top of the scale, properties with an A or B rating achieved, on average, 31% more per square foot than F and G rated properties in 2017. On an 800 square foot property, this equates to an average premium of £3,600 per year.
We would like to take this opportunity to thank you
for your continued support which has made 2017
such a successful year
and we look forward to working with you
in 2018 and beyond.
After months of hard work, our new website finally went live over the weekend and is looking fantastic! Why not have a good look around and see what amazing new features and information are included.
Our new banner has arrived today ready for tonight, and it looks great!! We are proudly sponsoring the Pink Wig event which is part of Falmouth Week and raises funds for vital research projects, the best care for breast cancer patients in Cornwall and a safer future for the next generation.
Music is extremely powerful; it can stir up dormant memories and emotions and transport us through time and space in an instant. So could you use music to sell your home? It is no secret that marketing relies heavily on music to influence behaviour and, since selling your home is an exercise of advertising, maybe you too could use some melodic help?
Ok. Let the music play! Simple! Or not... There is a surprising amount to consider: Which music best suits your home? Should you play different music in different rooms? How old are your buyers? Are they downsizing? Buying a first home? Seeking a family home? Choosing a home for their retirement? Always dreamed of living by the ocean? Are they just desperate for a large cupboard under the stairs?
The first point to make is that your home can be totally reimagined by its buyers – your plush classical style could be monochrome in a heartbeat. Think about your buyer rather than the character of your home. It may be an extension of you, but to them, it could be a modern interior trapped in a classical shell. Knowing your buyer should inform your choices as you want to impress them.
External factors are also influencers, like the seasons and the weather. Playing something from spring as your visitors wade through snow to get to the front door is likely to leave a jarring impression. That being said it, even if it is pouring, perhaps avoid Alanis Morissette’s It’s Like Rain.
As a good example, Ed Sheeran is likely to be a good call for first time buyers. Chances are, he will spark their romantic ideal of owning their first home and seal the deal. In fact, most people like Ed! He has a wide appeal and most of his tracks aren’t overpowering.
Ultimately, you want the buyer to imagine your house as a home, to see themselves enjoying your space with their own family and friends. Music is very personal, making it tough to appeal to all, so opt for ‘easy listening’, and avoid anything especially niche or too eclectic. Artists such as Bruno Mars, Adele and Nina Simone could also be good suggestions. Or how about putting the radio on? Rather than it seeming like the music is an exclusive extension of your musical taste, the radio gives a little background noise which can alleviate the pressure of a silent house.
If you finally make a decision on which music to play, there are a few other things to consider:
Check the volume. Deafening people in the living room could foster feelings of claustrophobia and betray your palatial living area.
Where will it be playing? Think about whether music in the bathroom is a good idea; your female visitors could well be dreaming of luxuriating in the bath, but your male visitors are likely to be less keen!
It might be a good idea to ask a friendly neighbour to take a tour and telling you how your music makes them feel. The pace they move through the house is also important; stores often use music to slower traffic and improve sales. So something at a slower tempo should give your buyers the chance to take in everything your house has to offer.
If you have a success story, share it with us on our social channels – we would love to hear!
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