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Experts are predicting that the number of energy suppliers in the sector may shrink to as few as 10 by the end of winter as a result of the energy crisis, down from 70 at the outset of 2021.
We're keeping track of failed energy suppliers and their replacements, so you can keep your tenants and landlords informed as the energy crisis unfolds.
The government has announced that the energy price cap will rise by 54% on 1 April, affecting over 75% of households. This means an average £693 increase in energy bills to £1,971 in spring 2022.
Estate and letting agencies need to be prepared to advise tenants and landlords on what this means for them and what support is available.
Agents that use a supplier to offer void management can take control of their agency's bottom line.
Here's Rik Smith, resident energy expert and Head of Tenancy Services at Goodlord, to explain how.
Energy prices are expected to continue to rise, which will add to the growing cost of living.
Rik Smith, Goodlord's Head of Tenancy Services, shares his expert analysis on what that may mean for your landlords' tenants.
Councils across England and Wales will share funding of £4.3 million from the Department for Business Energy and Industrial Strategy to help them raise awareness of and enforce the current energy efficiency standards in rented homes.
Since April 2020, all private rented homes have required a minimum energy performance rating of EPC Band E. This new campaign "forms part of the government’s actions to protect consumers, particularly those on lower incomes" in the wake of rising gas prices.
The government announced details of the Heat and Buildings Strategy in its Net Zero Strategy: Build Back Greener policy paper, encouraging homeowners in England to move to low carbon heating such as heat pumps - plus shares when a response is expected for the consultation on raising Minimum Energy Efficiency Standards.
Between 1990 and 2019, net UK emissions from heat and buildings decreased by 17% - but there's still a long way to go to achieve the government's target of net zero by 2050, especially with buildings still accounting for 17% of all national emissions.
The new Minimum Energy Performance of Buildings bill to increase the minimum energy efficiency standards for private rented properties to EPC Band C on new tenancies by 2028 will be introduced in both Houses of Parliament this week.
Recent surveys show the sector is already moving in the right direction - but it could be a costly target to reach for landlords.
Your tenants and landlords might be concerned about how the energy crisis could impact them.
Download these free FAQs to give to your tenants and landlords and answer their questions.
What are the options for tenants who are struggling to pay their bills? What happens if my tenants' energy supplier goes bust? What happens if I have a vacant property and the supplier goes bust?
Energy expert Rik Smith answers these questions and more on the unfolding energy crisis and its impact on the lettings industry.
While the energy crisis is ongoing, your agency's tenants may be searching for ways to help pay their power bills over winter as energy costs rise.
Here are five sources of financial support available to help them pay their bills in your landlord's property.
Consumers throughout the UK will be worried about the impact the energy crisis could have on their bills or suppliers
Here's your guide to the changes to the Energy Price Cap, government support for tenants, what happens if a supplier goes bust, and free FAQ template to answer your tenants' questions.
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