Editor's note: This brief was summarised by The Property AI Team from a report by This Is Money Mortgages. Read the original article for full details.
Energy Bills for Poorly Rated Homes Rise by £591 a Year
Homes with the poorest eco ratings could now be paying £591 extra per year on their energy bills, according to a report by This Is Money Mortgages. This change comes as the energy price cap rises today.
Letting agents and inventory clerks should be aware that properties with low energy efficiency may see significant increases in running costs. The report highlights the financial impact for tenants and landlords of older, draughty homes with poor eco ratings.
Source: This Is Money Mortgages