ECO4 & Grant Funding Assistance
Private rented properties lawfully require an EPC rating of E when rented to tenants. However, this is due to change by 2025 when all properties will need to upgrade to an EPC rating of C and above. If your property falls below the minimum requirement, you won’t be able to rent it out.
ECO4 Funding and Taylormade Services may be able to help you upgrade properties energy performance at ZERO cost to you!
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increase your properties EPC rating and meet Minimum Energy Efficient Standards without spending a fortune
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make the property more marketable and attract more potential tenants
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improve rental and resale value
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reduce your tenants energy bills and improve their wellbeing
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create warmer, more comfortable homes
What is ECO4?
The Energy Company Obligation (ECO4) is a government energy-efficiency scheme designed to tackle fuel poverty and help reduce carbon emissions. ECO is an obligation placed on energy companies to deliver energy efficiency measures to domestic premises.
The ECO4 Scheme aims to provide homeowners, landlords and tenants with FREE insulation & heating measures helping to not only reduce energy bills but the UK’s carbon footprint. This scheme is available to landlords to help them make their properties more energy efficient.
Measures include FREE:
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Loft Insulation
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Internal Wall Insulation
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Air Source Heat Pump
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Floor Insulation
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External Wall Insulation
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Solar Panels
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Room In Roof Insulation
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First Time Full Central Heating
Who Qualifies for EC4 Funding?
The ECO Scheme is available to landlords if they have an eligible tenant residing within their property. The ECO Scheme uses a ‘whole house’ approach meaning there are numerous measures available to help increase EPC ratings and energy efficiency of the property. The property must have an EPC rating of D/E/F/G and needs to be increased by a minimum of 2 EPC points after installation. For example, a G property would increase to an E rating, or a D property would then be a B.
You will qualify for this funding if anyone living in your property is in receipt of one of the below benefits.
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Pension Credit
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Housing Benefit
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Income Based ESA
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Universal Credit
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Income Support
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Jobseekers Allowance
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Child Tax Credit
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Working Tax Credit
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Child Benefit (subject to some income based criteria)
If your tenants don’t receive any of the above benefits but have a total household income of less than £31,000 per year
they will still qualify.
They do not need to own the property to qualify, although we will need a permission from you, the landlord to carry out the work.
How it Works.
Taylotmade Services has partnered exclusively with one of the regions premier agents and installers of the ECO4 Scheme.
You provide us with a list of your properties and tenants contact details. We will assess whether your property is eligible and if it is, Taylormade Services will then contact your tenants, introduce ourselves and arrange an initial survey.
After the survey has been completed, we will give you a proposal for works that includes key energy performance information.
If you are happy to proceed, you will be asked to complete a consent form and the works will be carried out. The installer arranges the installation direct with your tenant and upon completion they claim the ECO funding on your behalf.
This is a totally free service to you. The ECO Scheme can help to fund significant improvements to your property. Minimum Energy Efficiency Standards are crucial and mandatory to landlords, with the minimum standards set to increase within the next 3 years. This scheme can help towards the costs of improving a properties EPC to the minimum required as well as reducing energy bills and attracting potential tenants.