What is a high-efficiency condensing boiler

For the best efficient space heating and hot water heating boiler for domestic property, a high-efficiency condensing boiler is the most recommended. A high-efficiency condensing boiler works on a principle of recovering as much of the heat normally wasted from the flue of a conventional (non-condensing) boiler as possible.

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A modern high-efficiency condensing boiler has a much larger heat exchanger. The heat exchanger is designed to extract over 90% of the wasted heat from the fuel it burns which would normally be lost to the atmosphere through the flue, and recycles it back into the heating system. By fitting a condensing boiler and improving your heating See the source imagecontrols, you could cut your carbon footprint by nearly two tonnes and save as much as £275 a year on utilities bills.

A combination boiler can be more efficient as it also supplies hot water to your home, this option is most suitable for smaller homes. Ask your installer about what’s best for your home.

High-efficiency condensing boilers are the most energy efficient and can save you up to a quarter on your heating bills once you replace your old boiler and heating controls.

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Dennis Bebo – MSC, BSC, DEA, CeMAP

TA DenEco Consultancy – www.deneco.co.uk

 

How to identify a cowboy builder

One of the most important decision you are likely to make when undertaking a building project of any size is that of employing the services of a builder or contractor. These decisions can be narrow down by making the right enquiries and only inviting appropriate  builders or contractors to quote in the first place.

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Before making the all-important decision of awarding the contract to a specific builder, it would not be unreasonable to ask to see work on which they are currently engaged. Seeing at first hand how they treat the client’s property and how they work will give you an idea of what to expect if you do decide to employ them. See the source image

Some tell-tale signs of bad building practice and irresponsible behaviours would be:

  • Untidy site
  • materials poorly stacked and unprotected
  • lack of signs generally
  • loud radios
  • poor site facilities
  • workers not wearing Personal Protective Equipment
  • poor standards of work
  • signs of burning material on-site
  • inadequate security, e.g. no fencing (if appropriate).

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Thinking of buying a property?

Need help with residential and commercial property purchase/finance in the UK from start to finish, Please Contact me

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Dennis Bebo – MSC, BSC, DEA, CeMAP

TA DenEco Consultancy – www.deneco.co.uk

BT pension scheme MEPC property developer sold to Hermes

Hermes Investment Management has acquired MEPC, the UK property developer owned by the BT Pension Scheme (BTPS).

Hermes, which was formerly owned by BTPS, and GE Real Estate took MEPC private in 2000 as each acquired 50% of the company. Three years later, Hermes bought GE’s stake.

 

In April 2018, Federated Investors acquired a majority interest in Hermes from BTPS.

Hermes said today it is acquiring MEPC in a deal that “enhances Hermes Real Estate’s proposition by adding specialist asset and development management expertise to its existing capabilities”.

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Chris Taylor, CEO of Hermes Real Estate, said: “There are many synergies between the two brands and an already long-lasting and successful relationship, which can now be built upon further.”

James Dipple, CEO of MEPC, said: “This is an exciting transaction for MEPC, allowing us to combine our long track record of success with a leading real estate investment manager.

“Our strategic ambitions for the future are fully aligned with those of Hermes and, therefore, a strong basis for the growth of MEPC.”

A spokesperson for Hermes and MEPC said: “Having Hermes as MEPC’s parent company provides a long-term basis for its future growth with little disruption to day-to-day business. Certain investments processes are already integrated with those of Hermes.

“This acquisition greatly enhances our real estate proposition by adding specialist asset and development management expertise.

“In particular, it supports our core strategy of creating urban regeneration schemes, which not only deliver attractive financial returns but will have a positive impact on the environment and communities in which they are located – a key market differentiator for the business ahead.”

Source: IPE Real Asset

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Thinking of buying a property?

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Dennis Bebo – MSC, BSC, DEA, CeMAP

TA DenEco Consultancy – www.deneco.co.uk