The Green Deal: A Sensible Option
Recent figures released by the National Landlords Association suggest that over half of Britain’s landlords plan to install energy-saving technologies at their properties as part of the government’s Green Deal initiative, creating more green properties across the UK.
The Green Deal, which is now scheduled to come into effect as of January 2013, is designed to entice business and home owners to retrofit their outdated and inadequately insulated properties, with no upfront costs and simple, transparent repayments attached to energy bills.
The introduction of the scheme is an acknowledgement that Britain has some of the oldest housing stock in Europe which requires mass modification to ensure energy bills don’t spiral out of control. The real crux of the Green Deal for homeowners is that all retrofit works must be pre-assessed to ensure financial savings are equal to or greater than the costs being attached to the energy bill.
Here at The House Crowd, we think the Green Deal will provide a great incentive for landlords to upgrade their property portfolio, but to be a complete success, it is important a common sense approach is taken with the scheme’s criteria and payments. This initiative has potential to be a real boon for both property owners and Britain’s environmental credentials.
About Property Crowdfunding
Property crowdfunding is now taking the investment world by storm, following our brave debut onto the scene in 2012. We were the first (and continue to be the best) platform for property crowdfunding.
We are proud to offer better returns on investment than many other investment models, and allow people previously locked out of the property market to benefit from the lucrative world of property investment. What’s more, we’re helping bring much-needed new homes across the Greater Manchester area.
For more information on the process of getting involved with property crowdfunding, visit our Crowdfunding Process page.
We are committed to breathing life into empty, rundown properties whilst giving investors great returns on their investments.
To find out more about getting great returns on investment with The House Crowd, start by getting to know us here.