Green Credentials are ‘Key’ when Selecting a Property to Let say Tenants

EPCResearch published by Your Move’s sister company LSL PRIsm have found that 42% of tenants regard the eco-friendliness of a property as a critical factor when deciding what home to let.

 
The figures also show that this percentage increases with urban renters, with London polled as the highest with 50%.

 
The figures also show a correlation between the amount of rent paid and the importance of green credentials in renting a property. Some 63% of respondents who paid between £1,351-1,600 per month expressed this view, compared with just 37% of those who paid £350 or less.

 
Along with the building’s environmental impact, green spaces were also an important consideration for many tenants.

 
Nearly a third (32%) of tenants were interested in a communal garden and 30% were willing to pay more for a vegetable allotment.

 
“Whether it’s to reduce their energy consumption, save money or make a positive impact on the environment, it’s good to see that tenants consider the ‘greenness’ of a building an important factor in their rental decision” says Martyn Alderton, national lettings director at Your Move and Reeds Rains.

 
“As we continue to build more and more homes for our growing population, it’s vital that we do whatever we can to create a more sustainable future for our planet and use our resources as carefully as possible.”

 

Read the full survey here 

This entry was posted in Accreditation, Blog, Business, energy efficiency, Fees, Regulation, research. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s