Immowelt: Energy-related renovation measures are in excessive demand amongst tenants | EUROtoday

Energy prices have develop into an unlimited monetary burden for tenants in recent times. In view of accelerating prices for heating and scorching water, many individuals really feel the necessity to renovate their properties to make them extra vitality environment friendly. 59.3 % of tenants who haven’t had renovations previously twelve months would love their landlord to hold out an energy-saving modernization. Contrary to what some tenants worry, an energy-saving renovation doesn’t essentially result in a lease improve:

Around each second tenant for whom such work was carried out previously twelve months was subsequently affected by a lease improve. In distinction, 46.6 % didn’t have to deal with a rise of their lease. This is the results of a present survey by Immowelt (like WELT, which belongs to Axel Springer) and is consultant for Germany.

“The sharp increase in energy costs since 2022 has driven up additional rental costs significantly. Many tenants are therefore hoping that the landlord will carry out energy-saving renovations,” says managing director Piet Derriks. “It is true that rent increases may occur as a result of modernization measures. On the other hand, tenants benefit from lower energy costs and increased living comfort.”

High vitality prices drive the will for renovation

Tenants’ want for renovation is based totally on the hope of decreasing vitality prices. Among those that want to have their house renovated to make it extra vitality environment friendly, 88 % cite the discount in vitality prices as the explanation. But growing residing consolation additionally performs a job for a lot of tenants – 66 % cite this facet as a purpose for his or her want for renovation.

For instance, higher insulation within the house ensures a extra nice indoor local weather, particularly within the chilly winter or on scorching summer time days, whereas new home windows additionally supply higher noise safety. However, tenants are a lot much less more likely to justify their want to renovate with local weather safety: decreasing CO₂ emissions is simply essential for 31.8 %.

The survey requested: Why would you need your landlord to renovate the property you reside in to make it extra vitality environment friendly? (a number of solutions attainable)

● To cut back vitality prices: 88.0 %

● To improve residing consolation: 66.0 %

● To cut back the property’s CO₂ emissions: 31.8 %

Fear of lease will increase results in rejection

While the bulk need their house to be renovated to make it extra vitality environment friendly, 40.7 % of tenants who haven’t had it renovated previously twelve months reject measures akin to thermal insulation, heating modernization or window alternative.

The worry of lease will increase performs a central function: one in two individuals (51.6 %) justify their rejection with the worry of a lease improve on account of the renovation measures. The worry of restrictions attributable to building initiatives (28.8 %) additionally causes reservations about vitality modernization. Tenants might should take care of noise, mud or the momentary unusability of elements of the property throughout building work. Just over a 3rd (35.9 %) are additionally of the opinion that their residence already has enough vitality effectivity.

The query in verbatim: For what causes would you not need your landlord to renovate the property you reside in to make it extra vitality environment friendly? (a number of solutions attainable)

● Because this may most likely improve the lease: 51.6 %

● Because the property already has enough vitality effectivity: 35.9 %

● Because I worry restrictions as a result of building work: 28.8 %

After the renovation work has been accomplished, landlords are allowed to move on a part of the prices to the lease. However, an energy-efficient renovation doesn’t essentially result in a rise in lease. Around each second tenant (53.4 %) who underwent vitality effectivity renovations previously 12 months was subsequently affected by a lease improve. For those that had to deal with a rise, the lease elevated by a median of ten %. On the opposite hand, the implementation of energy-saving measures didn’t end in a rise in lease for 46.6 %.

Has your landlord elevated your lease in reference to the vitality renovation work?

● Yes: 53.4 %

● No: 46.6 %

For the consultant examine commissioned by “Immowelt”, 2027 individuals (on-line customers) aged 18 and over residing in Germany have been surveyed in May 2024.