Manchester landlords to benefit from £2bn insulation scheme

Revealed by chancellor Rishi Sunak this week, buy-to-let landlords are set to benefit from a new £2bn grant scheme for projects such as insulation.

As part of a wider £3bn plan to cut emissions, hundreds of thousands of homeowners will receive vouchers of up to £5,000 for energy-saving home improvements, with the poorest getting up to £10,000.

ARLA Propertymark confirmed that the scheme would include buy-to-let landlords, following suggestions from shadow business secretary Ed Miliband that properties in the rental sector would not be included.

David Cox, chief executive, ARLA Propertymark, commented: “Since the withdrawal of LESA [Landlords Energy Saving Allowance], we’ve been calling for a simple grant scheme to help private homeowners and landlords make their properties more energy-efficient.

“The announcement is a big step forward to ensure that they can take the necessary steps to do this and ultimately create a greener property sector in the UK.”

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