Friday, 25 July 2014

Bad News for Landlords As Green Deal Fund Is Slashed

The National Landlords Association has slammed the government for reducing the Green Deal Home Improvement Funds (GDHIF) for solid wall insulation from £6,000 to £4,000. Richard Lambert, NLA chief executive officer, said: "Just as the Green Deal looks like it will finally succeed, the government seems determined to sabotage its own policy. The NLA made a strong case to the Department for Energy and Climate Change (DECC) for the incentive payment for solid wall insulation projects to be set at a level that makes financial sense for the landlord to proceed with energy efficiency improvements to a property." Lambert insisted the NLA had got its sums correct. Read more on the NLA website.

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