Tenants will pay more for energy efficiency

Published on

Those looking to rent homes are becoming increasingly energy savvy, according to new research from energy company E.ON.

E.ON’s poll reveals that 75% of UK tenants see the energy efficiency of a home as the key factor when it comes to choosing somewhere to live.

Almost half of those tenants (48%) are prepared to pay higher rents to secure a home that minimises both their impact on the planet and their bills.

The search for greener homes is most obvious at the top end of the market, with two thirds (66%) of the wealthiest tenants and over half (60%) of 25 to 34 year-olds willing to pay more for energy efficient homes.

Despite tenants looking for energy efficient homes and being willing to pay extra for a greener abode, landlords appear woefully out of touch with tenant sentiment.

John Fawcitt, energy efficiency manager at E.ON, said: “Energy efficiency is a clear selling point for rental properties

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Asking prices move further ahead of market values, TwentyCi warns lenders

The gap between sellers' asking prices and independent property valuations has doubled over the...

Home movers back digital property packs as support grows for homebuying reform

Most recent home movers support the use of digital property packs and believe the...

Virgin Money increases fixed mortgage rates across core product range

Virgin Money is increasing fixed mortgage rates across much of its purchase and remortgage...

Olmo adds AI-powered automatic file checking for mortgage brokers

Olmo has launched an AI-powered automatic file checking system designed to help mortgage firms...

LendInvest posts record £1.44bn lending year

LendInvest recorded its strongest ever year for lending in the 12 months to 31...

Latest publication

Other news

Asking prices move further ahead of market values, TwentyCi warns lenders

The gap between sellers' asking prices and independent property valuations has doubled over the...

A steadier second half of 2026 in sight?

The first half of 2026 has been a reminder that the mortgage market does...

Home movers back digital property packs as support grows for homebuying reform

Most recent home movers support the use of digital property packs and believe the...