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For Landlords
If your tenants are complaining about condensation and damp problems often evidenced by dark patchs on the walls or furnishings it seems like a this is a constantly recurring problem that always seems to be expensive and cause a great deal of hassle.
One of the common reasons for such problems is the tenants own lifestyle and the fact that they rarely open any windows or any other form of ventilation. And why would you if the house was always cold and hard to heat anyway.
They will be paying for up to 60% of their heat to be wasted from the uninsulated loft & the walls.
You may not be aware that your properties can be professionally insulated with a grant. Work such as Loft insulation or Cavity wall insulation could in total cost for example £1200 if you paid the full installation costs. With a subsidised installation the two jobs together could cost you as little as £298.
If your tenant qualifies you may even have the work done for free!
Either way this will enable you to have an improved Energy Performance Certificate for your property which will benefit you if you either selling or renting out your property.
It should reduce the previously mentioned problems with condensation and mouldy damp patches. this should reduce the need to redecorate and refurbish the property,
Your Tenant will see great reductions in what they pay for their fuel and this will encourage a better tenant retention rate.
less complaints mean better relations and positive feedback it will be one of the best investments you ever made.
Why not earn money from your roofs with solar panels?
You can now take advantage of the Governments new feed-in tariffs to earn you money. If you have solar panels installed on your roofs of your properties you can recieve up to 43.3pence for every unit of electricity you generate.
Your tenants benefit by saving money as well and you even get extra money if you are not using the electricity and it gets fed back into the grid.
Even if you sell the property you will get the added value of your solar panels back as it reflects in the added value it has to the property. Either way you cannot lose as it is one of the best investments you can have.
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