More government meddling!! Now it’s war on gas boilers!

Written by Martin Thomas

March 12, 2024

The government is introducing the Clean Heat Market Mechanism (CHMM) from 1 January 2024. Don’t you just love the catchy title? This means that gas boiler manufacturers will be fined by the government if insufficient heat pumps are installed in the UK. The manufacturers say the targets for heat pumps are unachievable so a number (Worcester, Baxi and Ideal) have decided to increase their prices by between £100-£150 from 1 January 2024 to pay for the fines they expect to receive.
Members will already have received an email from us regarding this matter plus others.

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About the Author

Martin Thomas

Martin Thomas

A qualified accountant by profession, Martin first started letting to students in Bath in 1980. With a growing portfolio Martin now operates in partnership with his wife, son and daughter. Martin has been an active member of the local landlord association since the 90’s and is a Trustee of the ALL Wessex Committee.

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