Tag Archives: energy saving

A greener way of doing DIY

January 23, 2012

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More than £14 billion a year is spent by people on DIY accessories. Money is spent on timber, paint, varnishes and more when DIY projects are started in the home.

There are ways though to reduce your impact on the environment. By reusing materials and tools, buy greener paints and more you could do your bit to help the environment.

There are some projects out there that you may want to think twice about, they can add a lot of money onto your energy bills and also they can harm the environment.

By choosing your jobs wisely you could make a difference to the environment. Carrying out work on your home can save energy, water and also money. Here are some examples of projects that you can carry out around the home.

  • Insulating your home can save energy and reduce bills as nearly half the heat lost in an average home is through the roof and walls.
  • Loft insulation can take just a few hours to fit, and insulating your hot water tank can be another quick job.
  • Fix dripping taps or overflows – two drips a second adds up to about 26 litres a day, but a washer costs a few pence and can be fitted in minutes.
  • Fitting aerators or spray fittings to your basin tops can reduce the amount of water you use by up to 50 %*

There are some projects out there that you may want to think twice about, they can add a lot of money onto your energy bills and also they can harm the environment.

For example, if you have a conservatory try to resist putting any heating in there. Conservatories tend to have less insulation than normal buildings so more heat is likely to escape.

If you are garden proud and like to have light and water features, try to install solar powered features to save on electricity bills and use natural power.

 

*Info source – Direct Gov

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Protecting your property investment

November 11, 2011

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If you are looking to maximise your income from your expanding portfolio or becoming a landlord for the very first time, you may want to look into the many ways you can protect your investment.

 Landlord insurance cover

There are a number of possible outcomes that landlord insurance can cover you for. Anything from burst pipes to mould on walls. You may have to serve an eviction notice to your tenants due to their behaviour or your property could be damaged by fire. Landlord insurance should be the very first thing you look into because any of these outcomes could cost you a lot of money

Be energy-efficient

There are plenty of products out there to make you an energy-efficient landlord, these cosmetic changes could make your property more appealing to potential buyers or tenants. You should always make sure that you have insulation installed around your property, things like solar panels and heat pumps make energy bills cheaper and also makes your property more attractive in the long run.

Keeping your property clean and fresh

In the case of looking for new tenants to rent your property it is the little things that go a long way. Making sure the carpet is clean (invest in a carpet cleaner), fresh and neutral paint on the walls and some garden maintenance can improve the look of a property but also keep costs minimal. If you are looking for buyers to sell your property to, more may need to be done to keep your property modern and fresh. Cosmetic changes in bathrooms and kitchen seem to be the most popular areas to focus on.

Choosing the right tenants

You must think about the kind of tenants you would like to rent out your property to. You must make sure you ask for referenced, run all of the credit checks that you need to and if you are still unsure or like to play it safe ask for a guarantor. Also make sure your tenants pay their rent on time and these steps will protect your property investment.

Source- hip-consultant.co.uk

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West Midlands property business praised for energy saving scheme

November 9, 2011

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Stewardson Properties are among the first private landlords to have solar panels fitted onto their properties

A property business in the West Midlands are to be praised in Parliament as a ‘fantastic’ example of innovation.

The property business, which is in Cradley Heath near Birmingham, is run by Phillip and Mark Stewardson. Stewardson Properties are among the first private landlords to have solar panels fitted onto the properties they rent out, which then makes fuel costs cheaper for the tenants who work there.

A converted pub in Birmingham, which has been turned into the companies offices and four flats, have recently had panels fitted. A 16 panel installation was rolled out and had saved an estimated £400-a-year in costs.

Phillip and Mark are now planning to extend the scheme to as many of their properties as possible. Their money-saving scheme has been commended by James Morris, West Midlands MP.

Mr Morris, who represents Halesowen and Rowley Regis, said: “It is fantastic that a local company is leading the way in making the benefits of solar power available to their tenants, having seen how much the company saved from having panels on their own offices.

“Support from Government means that homeowners and landlords get paid for the electricity that their solar panels generate, whilst tenants benefit from cheaper electricity bills.

“I will be raising this in Parliament as a fantastic example of local landlords taking innovative action to help their tenants and the environment.”

Phillip Stewardson, 47, has said that this is a “win-win” plan after Government backing, but not all of their properties will get the solar panels installed. He said: “As a businessman it makes perfect sense. Not only do the tenants get the benefit of cheaper electricity, but we get paid by the Government for installing the panels.

“It’s win-win. It’s a green initiative and we’re reducing the carbon footprint of all out properties, plus it adds between one and two percent to our annual yield.

“We won’t be able to install them on every property we own because not every roof is suitable and some of our buildings are listed. But we will be doing surveys and putting them in where the survey is favourable and the tenants want the installation.”

The ‘Feed In Tariff’, which was launched by the Government last  year, will give people who are generating their own electricity with solar panels and other energy-saving products a payout.

Users of these products will be paid for the power they produce, the Governments are calling this a ‘sweetener’ for installing the energy-saving products. All additional electric is sent back to the National Grid.

 

Source- Landlord & Buy-to-let

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