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.
January 2018
December 2017
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.
This year we have been supporting Christmas Jumper Day in aid of Save the Children UK. Every one has been getting into the swing of things with some festive cheer at both our offices in Falmouth and Penryn, raising a total of £64.70. Not bad for a small team - Well done everyone!
September 2017
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.
Natalie took part in the Cancer Research Race for Life Pretty Muddy on Sunday 3rd September. It was "pretty muddy" due to the Cornish Autumn weather, but a brilliant time was had by all and Natalie raised a fantastic total of £183.00 for Cancer Research!
August 2017
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.
How to save a deposit for your first home
The bottom line of
raising a deposit is that you need to save money! Here are some top tips to
help start you on your campaign to turn your pennies into pounds:
·
With a
realistic monthly saving plan, you can rest assured you have started the wheels
in motion – there is a lot to be said for initiating the ‘saving’! A deposit
can seem like a daunting figure, so taking it month by month will take some of
the pressure off. Even if you aren’t sure how much you will ultimately need,
you can always begin saving.
·
There are
plenty of free online budget templates you can download which will help you to assess
your finances. As well as fixed monthly costs, such as bills, you would be
surprised how much you spend on seemingly small items. Start this process by
reviewing your previous months spend to avoid forgetting or being too
optimistic.
·
Avoid
overestimating the amount you can set aside each month. Settle on a minimum
figure and, if you have an extra good month, you can always transfer some extra
pounds into your savings account. Trying to save too much is likely to put you
off and leave you feeling disappointed.
·
Before you
choose an account, do some research as interest rates can vary. Since saving
for a deposit is a long-term goal, it may be that an account which gives you
better interest rates, but does not allow you instant access is more
appropriate. Take your time working this out as it’s important to make your
money work hard for you! Remember that a savings account is not for life:
periodically assess whether moving your savings could be more beneficial.
·
Take the
chore of transferring out of your life and transfer the money automatically
with a standing order or direct debit. This stop you from thinking, hesitating
or reallocating those funds.
·
Your
family and friends will understand your goal – so ask them for support. Find
cheaper midweek deals to meet with friends and swap dinners out for a nice meal
in.
Saving can be a struggle; often, the first few months are your best as you are focused and dedicated. Since this is a long-term plan, you may need to find ways to reinvigorate your savings at varying points, but also remember there are times to give yourself a break as long as you continue to save your minimum amount.
Residential Sales
01326 319 767
3 Church Street, Falmouth
Cornwall, TR11 3DN
Property Letting & Management
01326 374850
Swingbridge House, Anchor Quay,
Penryn, Cornwall TR10 8GU
Land & New Homes
01326 374850
Swingbridge House, Anchor Quay,
Penryn, Cornwall, TR10 8GU
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