Getting a whole central heating system can be a great upgrade for your property. Especially if you live in an old home with an EPC below D and use a traditional heating system. Older homes often have heating systems that don’t work very well. It costs more to keep such homes warm with these outdated heating systems.
It can be tough to decide if you should fix up your house or make the heating better. There’s good news though! First time central heating grants are available to help eligible homeowners or private tenants who can apply under the ECO4 scheme. This means you can get a new heating system and still have money left over for other improvements in your house.
But does it increase the value of your home? Let’s dive into what is covered in first-time central heating grants and how they can affect your property’s worth.
What is Covered in First-Time Central Heating Grants?
When you apply for a first-time central heating grant, you get more than just a boiler. Here’s a look at what’s typically included:
Boilers
A new boiler is one of the main components. Boilers heat water, which then circulates through the system to warm up your home. Modern boilers are more efficient, helping you save on energy bills.
Radiators
Radiators are placed in various rooms to distribute heat evenly. These are vital for maintaining a comfortable temperature throughout your home.
Thermostatic Radiator Valves (TRVs)
TRVs are fitted to radiators and allow you to control the temperature of each room individually. This means you can keep some rooms warmer or cooler than others, which can be a big energy saver.
Smart Thermostats
Smart thermostats let you control your heating system remotely using a smartphone or computer. They can learn your schedule and adjust the heating automatically, ensuring your home is warm when you need it to be and saving energy when you don’t.
Piping System
The piping system connects all the components of your central heating system. Modern piping is designed for efficiency and durability, ensuring that hot water flows quickly and consistently.
Free Installation Services
The grant often covers the cost of installing the entire system. Professional installation is crucial for the system to work efficiently and safely.
How Property Value Increases with Central Heating Grants
Now that we know what’s included in the grant, let’s look at how these upgrades can increase your property’s value.
Improved Energy Efficiency
A new central heating system makes your home more energy-efficient. This is a big selling point for buyers as it means lower energy bills. An energy-efficient home is also better for the environment, which appeals to eco-conscious buyers.
Enhanced Comfort
A central heating system ensures that your home is warm and comfortable throughout the year. This comfort factor can make your property more attractive to potential buyers.
Modern Features
Modern features like smart thermostats and TRVs add a touch of sophistication to your home. Buyers appreciate these upgrades because they offer convenience and control over their living environment.
Increased Property Value
According to various property experts, installing a central heating system can increase your property’s value by up to 5-10%. This increase can be significant, especially if you plan to sell your property in the future. Buyers are often willing to pay more for a home with an efficient, modern heating system.
Attracting More Buyers
A property with a central heating system is more appealing to buyers. Many people are looking for homes that are ready to move into without needing major upgrades. By having a central heating system already installed, you make your property more attractive to a broader range of buyers.
Conclusion
In conclusion, getting a first-time central heating grant can be a smart move for increasing your property’s value. The grant covers essential components like boilers, radiators, TRVs, smart thermostats, and piping systems, all with free installation services.
These upgrades not only make your home more comfortable and energy-efficient but also increase its market value. If you’re a UK homeowner or landlord looking to enhance your property, a central heating grant is worth considering.
With these upgrades, you can enjoy a warmer home and potentially higher profits if you decide to sell your property. So, take advantage of the available grants and give your home the boost it deserves.
