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ARTICLE · 27 MAY 2011

Investment Risk For Poorly Performing Properties

The Energy Bill received its Second Reading on 10 May 2011 and included some significant changes to the Green Deal.

United KingdomReal Estate and Construction
Paul Sheridan
Paul Sheridan
Valentina Keys
Valentina Keys
Kathy Mylrea
Kathy Mylrea

The Energy Bill received its Second Reading on 10 May 2011 and included some significant changes to the Green Deal.  These related to the introduction of new regulations that will, from April 2016, allow tenants of domestic properties to request their landlords to carry out energy efficiency improvements and landlords be required to comply with reasonable requests coupled with a ban, starting in April 2018, on letting domestic and business premises with an "F" or "G" energy efficiency rating.

This was followed, on 17 May, by a Ministerial announcement that the Government will be signing up to a Fourth Carbon Budget. The Fourth Carbon Budget will propose setting a legally binding interim target to reduce emissions by 50% by 2027 from 1990 level and the Green Deal is noted specifically as a policy that will be a part of achieving these targets.  On 23 May the Deputy Prime-Minister confirmed that the Green Investment Bank will be set up under legislation to give it

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