Future proofing your investment...
You may have heard about the ambitious government plans to ensure that all rental properties achieve an EPC (Energy Performance Certificate) rating of a C, minimum, by 2028 has been SCRAPPED. It was a pretty ambitious goal, but we're still all about creating a greener and more energy-efficient future for everyone. Read on to find out how you can refurb your investment property in the most energy efficient way.
Here's the thing though, with almost 38% of homes in the UK built before 1946, it's not surprising that a whopping 4.5 million rental properties across the country currently have an EPC rating of D or below. But don't worry, we're here to help you understand all the ins and outs of EPC ratings and how you can make your property investment shine!
So, what exactly is an EPC? Well, it's a nifty rating that determines how energy efficient your property is. It's actually a legal requirement to share the rating with your tenants, and you can easily find details of your current rating online. The online register (click here to access) will even suggest improvements you can make and estimate how much they might cost. It's like having a personal energy efficiency advisor at your fingertips!
If you're currently renovating a property, it's wise to consider what you can do to improve your EPC rating to at least a C. Trust us, this will future-proof your investment and save you from any surprise improvement costs down the line. It's all about being proactive, my friends!
Now, let's talk about some cool ideas for boosting that EPC rating. First up, insulation is your best friend. A well-insulated property can work wonders for reducing energy consumption and improving overall energy efficiency. Think about adding insulation to the walls, floors, and roof, and why not upgrade those windows and doors to minimise heat loss? If you're going the extra mile with a re-plaster, consider using insulated plasterboards before skimming. It's all about creating a cosy and energy-efficient haven.
Buy Insulated Plasterboards from B&Q here.
Another game-changer is installing an efficient heating system. This can seriously cut down on consumption and costs. Explore options like low-carbon heating systems such as air source heat pumps or ground source heat pumps. Or hey, why not go for a modern condensing boiler with fancy heating controls? Your property will be warm and toasty while saving some serious energy.
Speaking of being eco-friendly, have you ever considered incorporating renewable energy sources? It's a fantastic way to generate renewable energy for your property. Solar panels are a popular choice, and they not only help the environment but also reduce energy consumption and bills. Your tenants will absolutely love you for it!
Find a solar panel installer here.
When it comes to fixtures and fittings, don't forget about energy-efficient appliances. Opt for fridges, washing machines, and dishwashers that have those nifty energy-saving features. The less energy they consume, the happier your wallet will be!
Now, let's shed some light on the situation. Installing energy-efficient lighting is a simple yet incredibly effective step. LED bulbs are your best pals here. They use less energy and last longer than traditional bulbs. Plus, they're not particularly expensive, and trust us, they'll save you a ton of money in the long run. Brighten up your property investment with some eco-friendly lighting solutions!
Last but not least, here's a tip for those of you with houses of multiple occupancy (HMOs). Consider incorporating water-efficient fixtures like low-flow toilets and shower heads. And hey, if you really want to go the extra mile, think about adding rainwater harvesting systems to reduce water consumption. It's all about making every drop count!
By incorporating these elements into your renovations now, you'll thank your future-self later. Not only will you be offering sustainable properties that are environmentally friendly and cost-effective, but you'll also have happier tenants.
