Mitie already manages more than 200,000 tenanted properties in the UK. It said that it was chosen by the NLA because of its “technical capabilities and national reach”.
The Green Deal, set up by the Department of Energy & Climate Change, supports the installation of energy efficiency measures such as insulation, double glazing, new heating systems and solar panels. The initial cost of installing these measures is funded by an approved Green Deal provider and repaid through savings made on energy bills.
By 2016, private landlords will be unable to refuse reasonable requests by their tenants for green deal improvement, and by 2018, they will be unable to rent properties that have an F or G Energy Performance Rating.
Early adopters of the Green Deal scheme are eligible to claim cash-back for each measure installed to a property. The cash-back is paid directly from a £125m fund set up by the government.
It is available on a first come first served basis and payments can be worth more than £1,000, depending on the number of measures installed.
NLA chief executive officer Richard Lambert said: “Partnering with Mitie enables us to offer all private landlords an end-to-end, cost-effective solution with energy company subsidy and/or Green Deal finance.
Mitie corporate development director Stephen Giacchino said: “This is a great opportunity for Mitie to further expand its domestic energy services offering. We are looking forward to working with the NLA to help landlords maximise the investment benefit that the Green Deal brings to their portfolio, while delivering energy savings and increased comfort to their tenants.”
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