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Energy crisis
Resources for letting agents

Energy supplier tracker

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.

Visit the tracker

YOUR GUIDE TO HOW THE ENERGY PRICE CAP INCREASE WILL AFFECT YOUR LANDLORDS AND TENANTS

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.

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3 ways void utility management can boost your agency's bottom line

3 November 2021

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.

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HOW WILL THE ENERGY CRISIS AFFECT YOUR TENANTS' COST OF LIVING AND ABILITY TO PAY RENT?

25 October 2021

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.

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GOVERNMENT ANNOUNCES NEW CAMPAIGN TO ENFORCE MINIMUM ENERGY EFFICIENCY STANDARDS IN ENGLAND AND WALES

22 October 2021

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.

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NEW GOVERNMENT STRATEGY ANNOUNCED FOR DECARBONISING HOMES IN ENGLAND AND WALES

19 October 2021

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.

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Your guide to the proposals to increase the Minimum Energy Efficiency Standards

5 October 2021

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.

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ENERGY CRISIS FAQ infosheets for your landlords and tenants

30 September 2021

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.

Get the infosheets

ENERGY CRISIS Q&A: ENERGY EXPERT ANSWERS QUESTIONS ON WHAT THE CRISIS COULD MEAN FOR THE LETTINGS INDUSTRY

30 September 2021

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.

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Five financial support schemes to help tenants pay their energy bills this winter

29 September 2021

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.

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Your guide to the energy crisis 

22 September 2021

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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