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Posted on July 27th 2015 by admin-movingin

Industry thumbs-down to Green Deal scrapping

Lettings chiefs have responded with disappointment to the government’s announcement that it is scrapping the Green Deal. 

The scheme offered cashbacks and incentives to landlords and owner occupiers on such insulation, boilers and other energy efficiency improvements.

The Department for Energy and Climate Change says it took the decision to protect taxpayers, citing low take-up and concerns about industry standards.

But David Cox, managing director of the Association of Residential Lettings Agents says the decision will mean that the deadlines outlined for private rented properties to acquire an Energy Performance Certificate rating of an E may become impossible to implement. 

“The Green Deal allowed landlords to make their properties energy efficient at no upfront cost to themselves, and without the funding, how can these regulations be implemented? We are calling on the government to review these changes, as a matter of urgency” says Cox.

Meanwhile Richard Lambert, chief executive of the National Landlords Association, has also expressed concern. 

“Just as the Green Deal looks like it will finally succeed, the government seems determined to sabotage its own policy. The NLA advise all landlords with a draft Green Deal plan to act immediately in order to benefit from the previous funding incentives” he says.