Green Deal returns with Home Improvement Fund
At 9am on Wednesday 10th December 2014, landlords will be able to apply for ‘vouchers’ to improve their properties under the Green Deal Home Improvement Fund (GDHIF). £30million has been made available in vouchers as part of an additional £100million fund announced in October. Further funding will be released on a quarterly basis.
EDIT: Solid Wall Insulation funding has been completely allocated and further applications will not be taken/considered. Funding remains available for other energy efficiency measures. Please see below for more details.
In July the GDHIF had to close due to demand. Claims are expected to exhaust resources again but this time funding has been split into two categories. Of the £30million available:
- Up to £24million for solid wall insulation;
- Up to £6million for two measures from a list of home improvements available under the scheme.
Landlords may pick two of the following to be eligible for funding:
- Cavity wall insulation
- Condensing mains gas boiler
- Secondary glazing
- Double/triple glazing (replacement single glazing)
- Flat roof insulation
- Replacement warm air unit
- Fan-assisted storage heaters
- Energy efficient replacement doors
- Floor insulation
- Room-in-roof insulation
- Waste water heat recovery
The home improvement measures available to homeowners will be dictated by a Green Deal Advice Report (GDAR), or Energy Performance Certificate (EPC), which must be carried out within two years prior to application. Additionally, a quote from a GDIF registered installer or provider for work specified on the GDAR or EPC and included on the list of GDIF approved measures (above). Landlords will also have to prove ownership of property.
It is imperative that you use an authorised Green Deal installer and provider. For more information visit the Green Deal Oversight & Registration Body.
Landlords can claim various amounts relating to their requests:
- Up to £4000 for installing solid wall insulation;
- Up to £1000 for installing two measures from an approved list;
- Up to £100 refunded for their Green Deal Assessment;
- Up to £500 more if applying within 12 months of buying a new home.
For more detailed information, you can visit the Department of Energy & Climate Change (DECC) press release page.
Landlords in England and wales can get advice on how to reduce their bills and make their homes more energy efficient from the Energy Saving Advice Service (ESAS) on 0300 123 1234. Scottish landlords should contact Home Energy Scotland on 0808 808 2282.
The Private Rented Sector (PRS) will face new energy efficiency requirements in 2018. All properties must be up to at least an ‘E’ band rating, before they can be legally let.
Central Housing Group has worked tirelessly and successfully on behalf of our landlords, when letting their properties on our Guaranteed Rent Scheme, in obtaining funding for Energy Improving Measures such as:-
- loft insulation;
- cavity wall insulation;
- installation of new A+ rated energy efficient condensing boilers & radiators, etc.