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Buy-to-let: Why landlords should consider electric water heating

24/09/2020
Buy-to-let: Why landlords should consider electric water heating_1

These days, becoming a landlord can be a lucrative opportunity – especially as, according to statistics, 4.55 million UK homes are now privately let, with people of all ages choosing to rent rather than buy a property.* This trend is expected to continue, with a quarter of all households in Britain estimated to be renting privately by 2021.

However, while buying to let can reap financial rewards, landlords have tremendous responsibilities when it comes to looking after their tenants’ needs – including the reliable supply of water, gas, electricity and sanitation.

This means UK landlords are legally required to provide tenants with hot water facilities, either in the form of a boiler – or an electric water heater. Landlords are also responsible for any repairs and replacements required under the Landlord and Tenant Act (1985). As a result, any water heater needs to be robust and reliable, while also complying with the latest energy efficiency legislation.

Taking a proactive approach to modernising hot water systems can prevent issues occurring in the future. The latest electric water heaters are lightweight and easy to install, offering tremendous cost savings – both in terms of the initial price of the units, as well as lower energy bills.

Modern water heating products, such as Ariston’s Velis Evo Wi-Fi, boast fast reheat times and best in class ErP energy efficiency ratings, making them the ideal option for rental properties – benefitting both landlords and tenants alike. These compact models utilise ultra slim (27cm depth) twin tank technology for up to 16% more hot water availability.

Furthermore, their Wi-Fi compatibility presents additional energy saving opportunities, as the products work with the Aqua Ariston Net app for remote smartphone control; this allows tenants to monitor energy consumption and achieve savings of up to 25% using daily and weekly programming. Such features can even be a selling point when it comes to marketing a property!

So, whether you’re an experienced landlord with a large property portfolio, or just dipping your toe in the buy-to-let sector, our experts are always on hand to discuss your electric water heating requirements. Contact us for further information 24/7 and a member of our team will be happy to help.

 

* source: https://www.statista.com/statistics/286444/england-number-of-private-rented-households/

 

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