Proposed changes to Energy Performance of Buildings regulations mean private landlords in England and Wales would have to get EPCs more frequently.
One quarter of private landlords plan to sell their properties needing energy upgrades due to the government’s ambition for the sector to reach EPC targets by 2030.
Property refurbishments are becoming increasingly important for landlords as the Government prepares to force the sector to upgrade properties to minimum levels of energy performance by 2030.
Private landlords face a £21.4 billion bill to bring their properties up to the proposed EPC C rating by 2030.
The Government has committed to an overhaul of both Energy Performance Certificates (EPCs) and the MEES system that underpins them, it has been announced.
Ed Miliband, Labour’s Energy Security and Net Zero Secretary, has told the party’s annual conference that landlords will have to upgrade their homes to a minimum EPC ‘C’ rating by 2030 or be unable to rent their properties legally.
Landlords are being encouraged to trial a tech tool that gives them new insights to make property buying less risky.
A straw poll of building surveyors, recovery experts, private landlords, investors and developers has found that the vast majority deem the government’s EPC C target by 2030 as impossible to meet.
Private landlords face an average bill of £10,000 to hit government EPC C targets by 2030, according to new research.
