'Pickings are slim for cheap energy efficient homes' - 06/05/2010
The current state of the property market means landlords do not have much to gain by installing cheap energy efficiency measures, an expert has suggested.
Malcolm Harrison, a private rented sector expert, said that the current upsurge in demand for rental property means people cannot pick and choose as much as they would like and there are not a great deal of options for renting energy efficient homes.
He explained that it is currently a landlord's market so property owners do not feel compelled to become more proactive in promoting sustainable cheap energy.
Landlords could consider installing a condensing boiler but many would first have to take into account the cost and determine whether or not they would recoup the expenditure on the value of their property.
The Energy Saving Trust recently said that British tenants are increasingly showing a preference for efficient homes that make the most of sustainable cheap energy and this could manifest itself in a demand for eco-friendly homes in the future.
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