state Autumn’s Launch of the Government Green Deal Initiative will Benefit Tenants as well as Homeowners

Share Article

In the latter part of 2012 the Government is expected to release the final stages of their Green Deal Initiative, making it accessible to home owners across the UK. The initiative is part of the Department of Energy and Climate Change’s pledge for the UK to become Carbon Neutral by 2020. The new Green Deal campaign offers home owners free energy performance assessments, and access to very low cost finance to make improvements to their property to meet energy efficiency standards.

Wind turbine green deal
The government Green Deal will be of great benefit to the housing stock of the UK, but will also benefit business owners who can apply for assistance with upgrading office buildings too.

Building contractors are already becoming approved as Green Deal Installers and providers and from 1st October 2012 anyone offering Green Deal Services must display the specially created Quality Mark that signifies compliance with government standards. Green Deal Providers can offer advice and recommendations for any property to improve its energy efficiency. This can include replacing or upgrading roof and wall insulation, changing from single glazed windows to double or triple glazed units, installing solar panels, renewable energy sources such as ground source heat pumps and boiler replacements. In some cases homeowners can benefit from free insulation.

If several expensive upgrades are essential for a property, the Green Deal Provider can apply for low cost, low repayment finance on behalf of the homeowner. The finance is being funded by a £7million loan from the DECC.

For UK homeowners the Green Deal offers an opportunity to upgrade their property in an affordable way, as well as improving the saleability of their home. For tenants, better energy efficiency in a rented property means lower energy bills for heating, cooking and living.

Christopher Marriot from thinks this is good news for tenants “Rental prices have increased with demand for properties. Some prospective tenants are finding that their budgets are extremely stretched and have to take into consideration every potential hidden monthly living cost. Energy efficient properties are always more desirable to tenants as this indicates that heating bills will be as low as possible”

Christopher’s company advertise a diverse range of property for rent in London from the brand new to the re-purposed and historical buildings across the city.
“All the new developments have great eco-friendly features like built in wind turbines and solar panels. The government are wise to assist older properties to upgrade to the same standards as the high tech skyscrapers making them easier to sell or let” says Christopher.

The government Green Deal will be of great benefit to the housing stock of the UK, but will also benefit business owners who can apply for assistance with upgrading office buildings too. It will also create many business growth opportunities for Green Deal Providers.

Whilst we may need to wait until January 2013 for the full launch of the scheme, with potential loans of up to £10,000 on repayment terms of 25 years, it’s an exciting and welcome addition to the currently somewhat gloomy UK economy.

About the company: is an online property portal for all Estate Agents across the UK. Their new website allows potential buyers and tenants to experience property shopping which a virtual cart feature and Facebook app integration. The website currently lists hundreds of properties in London to rent.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Christopher Marriot
Follow us on
Visit website


Property Property Property Logo