Touching the voids: the impact of energy efficiency on social landlord income and business plans

October 11, 2016

National Research

The research examined data from over 500,000 homes across the UK, looking at the impact of energy efficient homes on the bottom lines of social landlords.

Outcome

  • As homes become more energy efficient they are void for a shorter length of time – on average, 31% shorter for band B properties compared to those in bands E and F
  • Landlords with more energy efficient stock spend less on refurbishing void homes, less on repairs and less on staff time to manage voids
  • Rent arrears are on average half a month higher in Band F properties than in other bands.
  • Other cost savings identified include time spent seeking overdue rent payment, legal costs and court costs which decline by around 35% for more energy efficient homes.

What clients say

The total cost of our voids is 1 million every year.  Reducing these costs will transform our business plan.  It will make us far more resilient.
Noel Brosnan, Property Services Director, Octavia Housing

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