3 New Net Zero Property Measurers Introduced

Rob highlights three new net zero measures introduced by the government that may impact landlords and homeowners. The first measure is an increase in the grant for boiler upgrades, specifically for heat source pumps, from £5,000 to £7,500. However, Rob questions the effectiveness of this grant considering the high cost of installing heat pumps. The second measure is the delay of the ban on installing oil, LPG boilers, and new coal heating for off-grid homes from 2026 to 2035. Rob argues that this delay is reasonable, given the challenges of transitioning to alternative energy sources and the need for infrastructure improvements. The third measure is the introduction of an exemption for households that struggle to switch to heat pumps by 2035.  KEY TAKEAWAYS The government has introduced three new net zero measures that may affect landlords and homeowners. The Boiler upgrade scheme grant will be increased by 50% from £5,000 to £7,500. The ban on installing oil, liquid petroleum gas (LPG), and new coal heating for off-grid homes has been delayed from 2026 to 2035. An exemption will be introduced for households that struggle to switch to heat pumps from 2035, covering about a fifth of homes in England. The effectiveness and feasibility of these measures should be considered, as factors such as the cost of installing heat pumps and the suitability of homes for heat pump installation need to be taken into account. BEST MOMENTS "The government have introduced three new net zero measures, which may or may not affect landlords moving forward."  "If you've got an old boiler and you want an upgrade scheme, i.e. not necessarily to a new boiler, because remember gas is evil and gas is bad and no more gas and oil..." "The government, I also think, have started to realise that the infrastructure for the grid isn't in place because the UK in general is not very energy independent..."  "Not everyone's going to be in a position to have a heat pump or to live in a home that's conducive to having a heat pump."  VALUABLE RESOURCES Please sign this petition to make financial education compulsory in all schools from primary age: https://petition.parliament.uk/petitions/648514 GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast WEALTH BUILDERS https://www.wealthbuilders.co.uk/propertynomad ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. BOOKS  Property FAQs = https://amzn.to/3MWfcL4   Buy To Let: How To Get Started = https://amzn.to/3genjle   101 Top Property Tips = https://amzn.to/2NxuAQL   WHERE TO FIND US https://linktr.ee/thepropertynomadspodcast uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast