Would you significantly improve the energy efficiency of your property in order to add value ahead of a house move?

The “improve before you move” strategy has traditionally seen kitchens and bathrooms updated before the 'for sale' board goes up but there is a suggestion that energy saving changes could be the smartest way to add value in today's property market. 

While improving insulation, fitting thermostatic heating controls, replacing old appliances with A rate ones, introducing water-saving devices and perhaps even installing solar panels will cut energy usage and make home more eco-friendly, the 'added value' aspect is perceived to come in the form of an improved Energy Performance Certificate (EPC).

It is thought that a better EPC will encourage buyers to pay more for a property. The author of this feature cites research from the UK’s former Department of Energy and Climate Change that showed energy-saving improvements could increase the value of a property by an average of 14% – and up to 38% in some parts of England.

The remit to make energy efficient improvements is a more serious matter when it comes to landlords. They will have a legal - as well as financial - need to ensure they own greener properties. As of the 1st April 2018, all homes marketed to tenants must have an EPC rating of E or above to be deemed fit for buy-to-let purposes.