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.
Her Majesty Queen Elizabeth II reached her milestone 90th birthday in April this year, which has been marked with a number of high profile celebrations. With the final events, including Trooping the Colour and The Patrons Lunch for 10,000 guests, taking place this weekend, royal fans all over the country will be marking the occasion with fun-filled festivities too. So what better time is there for us to take a look at some of our favourite properties currently for sale within Britain's historic towns and boroughs with a royal connection?
Royal Wootton Bassett was the first town in over 100 years to be awarded the Royal title. If you would like to live here, this splendid four-bedroom detached residence is situated in one of the area’s most sought after tranquil cul-de-sac.
Other Royal towns include Leamington Spa and Tunbridge Wells, awarded by Queen Victoria (1838) and King Edward VII (1909) respectively, due to the recognition of their history and royal patronage of their facilities.
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