An article about how private landlords may have lost out due to the government's decision to stop funding the Green Deal Finance Company. Will landlords with inefficient properties be able to afford to comply with the proposed changes in legislation dealing with minimum efficiency standards?
"With the Energy Company Obligation (ECO) set to expire on 31 March 2017, a year and a day before it will be illegal to let a property with an Energy Performance Certificate (EPC) below an E, there are serious questions over whether there will be a replacement pay-as-you-save scheme. If there is no replacement, it is unclear whether property owners with F and G rated properties will be compelled to do anything to increase the energy efficiency of their properties."
Rudderless 30 Jul 2015 Matthew O'Connell makes the case for resurrecting the Landlord Energy Saving Allowance, to fill the gap left by the end of the Green Deal. Last week’s announcement that the Government has stopped funding the Green Deal Finance Company won’t have come as much of a surprise to those who have worked closely on the scheme or read the myriad headlines detailing its low uptake and frequent setbacks. But, beyond the mass of people rolling their eyes and saying they knew it wouldn’t last, the demise of the Green Deal has left a gaping hole in .... domestic energy efficiency policy that Government must address. The most glaring implication of the closure of Green Deal for the Private Rented Sector (PRS) is how will impact on levels of compliance with the incoming Minimum Energy Efficiency Standards (MEES).