Politicians want prospective tenants to be given more energy details

slump in buy-to-let investment
Tax and regulatory changes have resulted in a slump in investment in the buy-to-let sector.

The All Party Parliamentary Group for the private rented sector has called for clearer energy information to be given to tenants before signing a tenancy agreement. These details should include a clear estimation of the likely cost of utility bills and the tenant’s right to change energy suppliers. A report from the group also suggests that landlords, energy companies and local authorities need to better co-ordinate their efforts to identify vulnerable tenants who will most benefit from energy efficiency alterations. Such alterations will be required by many properties prior to April 2018 when all privately rented properties will be required to have a minimum energy performance rating of E on an Energy Performance Certificate.

Full story available from LettingAgentTODAY: https://www.lettingagenttoday.co.uk/breaking-news/2016/2/mps-want-more-energy-info-given-to-renters-before-tenancies-are-signed

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