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Energy saving allowance - corporate landlords

The Government’s proposal to extend the Landlord’s Energy Saving Allowance to corporate landlords has recently been given formal State Aid approval by the European Commission.

The scheme provides incentives for landlords to improve the energy efficiency of their properties. From 8 July 2008 corporate landlords will be able to claim up to £1,500 a year per property against the cost of purchasing and installing energy-saving items such as floor insulation and draught proofing.

 

 

Date: 16th July, 2008
Author: Cathy Corns

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