Coalition send letter calling for Ministers to provide energy efficiency support

A letter, signed by Coventry Building Society, Citizens Advice, and Nationwide Building Society has been sent to the Chancellor of the Exchequer to encourage new fiscal support to improve energy efficiency standards in the private rented sector.

The letter can be seen here, and states ‘A simple tax restructuring to allow energy performance improvements to be deductible against rental income could help make investment more attractive for landlords.’

Going on to say a ‘simple tax change could drive investments that bring about significant energy bill savings for renters and support a shift towards higher standards, helping meet fuel poverty targets’

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