Eco investment is set to play a prominent part in many buy-to-let investment strategies over the next 12 months. Whether landlords are upgrading their existing homes with heat pumps, solar panels or new insulation or purchasing new-build properties with good EPC ratings, more investors will be keeping an eye on the wants of tenants and any upcoming Government regulations.
Initially, all newly rented properties needed a minimum ‘C’ EPC rating by 2025. By 2028, all remaining rented properties would have needed to meet that rating. While those targets were scrapped in the Autumn of 2023, investors will undoubtedly keep them in mind should similar regulations come into place in the future. As such, buy-to-let investors in the market for new properties may switch their attention to new-builds that meet any new EPC requirements.
New developments are often built with environment-conscious building practices, utilising energy-efficient designs and addressing eco-friendly concerns. This can be seen in the likes of ELEMENT – The Quarter, Liverpool’s first eco-property and the upcoming Gateway development project, which also uses eco-friendly practices to bring New York-style living to the Merseyside area. Why not learn how to make money from real estate property with our guide.
With more tenants prioritising green properties to save money on energy bills and thinking about the environment, investors may adjust their plans to accommodate those needs.
