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News Article

"In May, you MUST give your Tenants the Renters Rights Information Sheet or

YOU RISK  - £7,000 FINE  PER TENANT PER PROPERTY."READ MORE

Do Not Be Taken In By Sunak’s Freebie Money Boiler Grant Scheme There Is a Down Side

29th Sep 2023

The Daily Telegraph has just uncovered a downside in Rishi Sunak’s electric heat pump grant freebie.


Image credit: Unsplash

He recently announced that the government is giving away extra cash to homeowners and landlords in its scheme to enticing them to switch from gas boilers to electric heat pumps, and instead of being awarded £5,000 towards the change it is now increased up to £7,500.

This ‘increased’ support package was one of the measures which is a ‘relaxing’ of energy efficiency restrictions.

But the Telegraph has now uncovered the fact that although homeowners grants for gas boilers to heat pumps has increased by 50% the total funding still remains the same at £150m.

This now means that numbers of people being awarded the increased grant has been drastically reduced by a third down from 30,000 to 20,000 if the £150 million total fund remains unchanged.

Part of the government’s net zero target scheme was to stop gas boilers being installed in new builds by 2025 and from 2033 all gas boilers would start to be phased out. In Sunak’s highly controversial speech he promised/pledged that no one single person would have to replace a working gas boiler with a heat pump if they did not wish to.

However people will have to make the switch when they are due to change their boiler.

One major positive change for landlords in the Prime Minister’s speech was that he has scrapped the regulation which required rented properties to have a minimum EPC rating of C by 2025 for all new tenancies and by 2028 for all rented properties.


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"In May, you MUST give your Tenants the Renters Rights Information Sheet or

YOU RISK  - £7,000 FINE  PER TENANT PER PROPERTY."READ MORE

 

 

 


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Fit for Habitation|March 2019 The ACT is intended to define minimum standards a rental property MUST be and makes a clearer pathway way for Tenants to be compensated|https://www.pims.co.uk/fit_for_habitation_act_march_2019/ Guarantor|The person who provides a guarantee and promises to make payment good should the person responsible for the agreement fail|http://www.pims.co.uk/guarantors/ MEES|The Minimum Energy Efficiency Standard (MEES) Landlords are charged with the requirement to bring their rental property to a minimum EPC rating of E. Property with F and G rating will effectively be banned from the rental market April 2018 |http://www.pims.co.uk/epc/ Section 11|Section 11 of the Landlord and Tenant Act 1985 places an obligation on the landlord to maintain the structure and exterior of the property, including installations for the supply of water, gas and electricity, heating systems, drainage and sanitary appliances|http://www.pims.co.uk/landlord-section-11-repairs/ serving date|This date is the date deemed received at the property - as an example if posted allow for posting days|/serving-notice-on-a-tenant-delivery-days/ Tenancy Application|The objective of vetting is to empower yourself so you can make an informed decision as to the calibre of the prospective person. Making your decision on facts and figures is invaluable and this is why you should always take references. The application form also provides you with permission to perform credits. This form details all the information you should ever require deal with most eventualities including absconding tenants|http://www.pims.co.uk/doc/57/ Tenant Fees|From June 2019 where renting properties in England gone are the days of charging for admin, letting fees, vetting, references, inventory, check in, check out, cleaning, pet insurance or ANY other fee that is not explicitly permitted within the legislation. |https://www.pims.co.uk/ban_letting_fees_act_2019/