Building Upgrade Finance is a win-win for all stakeholders

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With BUF, a lender provides finance to a building owner using the land or building as security and the local council collects repayments through the rates system.

Security The use of the council rates system means that a BUF loan is prioritised over other debts attached to the land or building. The loan is therefore highly secure, making it possible to access capital at competitive rates over a longer period of time.

No Upfront Costs Upgrades can be made at zero upfront cost, with lower monthly repayments than previous energy costs, resulting in dramatically improved cash flow.

Flexibility The BUF is tied to the property and does not increase the personal debt of the building owner. If the property is sold, the BUF charge may be transferred to the new owner.

Win-Win BUF provides a mechanism to address differing incentives between landlords and tenants. Landlords can share the costs of improving the building in agreement with tenants who will benefit from the funded works through reduced energy bills. New South Wales Legislation requires tenant consent before this can occur.




The tenant stands to benefit from day one of their environmental upgrade.

Energy Efficiency Tenants can enjoy the benefits of a more comfortable, ambient and environmentally friendly tenancy with reduced operating costs and energy bills.

Win-Win If the tenant is asked to contribute money towards BUF, they can simply redirect some of the money currently being spent on energy towards a better performing tenancy. They will remain cash flow positive as the loan repayments will be lower than the energy savings.

BUF can be used by councils to encourage business owners to increase the performance of their building and to save water, energy and emissions. The council’s role is to levy the BUF loan repayments through the council rates system and remit the payments to the finance provider.

Reduced Environmental Impacts Upgraded buildings attract investment, reduce environmental impacts bestest dublin painters, reduce pressure on infrastructure and increase the competitiveness and livability of local building stock.

Opportunities Building upgrades can boost local jobs and business opportunities for efficiency products and services.

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Disclosure Cherry Energy Solutions does not provide advice in relation to accounting, tax or other implications for entering into any financial instruments. Terms, conditions, fees and charges apply and are available on application. Loans subject to normal lending criteria and approval. The information may contain forward-looking statements.