Tenants are willing to pay much more for greener homes!
More than half of tenants would be willing to pay more in rent in order to live in a greener home, new research has revealed.
The survey found that 98% of renters would prefer to live in an energy-efficient home and 52% would be willing to pay an extra 10% in order to do so.
A third of renters (33%) would accept a 5% rent increase, while 8% would be willing to pay an extra 20% if it meant they could rent a greener home.
The vast majority of renters (85%) were happy to consider a so-called “green lease”, which includes clauses designed to ensure the tenant and landlord work together to improve the home’s energy efficiency, while reducing costs and environmental impact.
Read more: Tenants are willing to pay much more for greener homes!