Yet according to studies by Thomas Beyerle of Aberdeen Property Investors there is no actual evidence that making such improvements will improve your profitability.
Aside from ensuring that your property is energy efficient enough to qualify for being sold, such changes will have no impact on the properties valuation or its property prices.
Continuing in their studies, it was revealed that only 2% of UK properties are less than 5 years of age, the vast majority of which are not yet energy efficient. However the main concern facing the government now is the number of city properties constructed in World War II.
Built quickly and cheaply to replace properties bombed during the war, many of these said properties will cost a lot of money to bring up to the governments energy efficient standards. Money which will add no real values to the property only its marketability.
Speaking on this issue, property advisors are still urging property investors to make these changes, using the incentive that it will offer them a long term advantage over their competitors.
And it is not hard to see why…
With 40% of all carbon emissions being generated from property, if action isn’t taken soon these regulations will only get harder and more costly.
Original Article
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Fraser Stirling, Property Mentor DelegateNo matter what the media wants you to believe, property is still the only investment route where you can benefit from an asset that will NEVER go into zero value. Even when I was university I admired properties ability to withstand the economic elements and stay strong, even when other investment forms faltered or failed. X years on, I am now the proud owner of multiple property investments - one of which earns a passive income of £4,680 and my property portfolio is still expanding. Read more
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