Nottingham Letting Agent Property Blog

Just a couple of weeks ago it was announced the government would try to force homeowners to spend money improving the energy efficiency of their home whenever they wanted to complete other home improvements such as fitting a new conservatory or boiler. Now it appears these plans have been completely scrapped, as they are seen as being an attack on people's aspirations to do better. Apparently the plan was extremely unpopular with Tory MPs, even though loans to pay for the energy measures will be available under the government's Green Deal scheme. Ministers were worried it would deter families from carrying...

The government released its consultation on its Green Deal last week and announced an additional £200 million worth of funding including a special introductory offer which it is hoped will boost early uptake of the scheme. It's important for landlords because after 2018, rental properties must have a low EPC rating otherwise they will be banned from the market.Energy secretary Chris Huhne expects the initiative to decrease household fuel bills by up to 7% by 2020, but this will be partially offset by the £8 billion annual bill taxpayers which will fund new nuclear power stations, wind farms and a new...