A recent survey listed environmental friendliness and energy efficiency among their top considerations when purchasing new properties. This means a shift in attitudes, with more customers wanting greener homes. And the government is about to force landlords to up their game.
As of April 2020, all buy-to-let properties needed an energy performance certificate rating of E. The government is considering raising that requirement to a rating of C, from 2025 for new tenancies and from 2028 for current renters.
For landlords with older homes, that’s a headache. Some are part of huge organisations like the big housing associations. Others are private individuals with a property or two to let out. Some of them complain they will struggle to afford the upgrades or even sell up entirely.
It’s also an opportunity. There is a sudden pressure to improve standards across millions of homes - more than four million households live in rental properties in England alone. It’s true the EPC C rating is not a very high bar to beat. Many houses and flats will hit that standard already. But the rule change would mean billions of pounds of investment in our rental homes.
Read the fill story: https://www.propertyreporter.co.uk/landlords/renters-want-their-homes-to-be-more-energy-efficient-landlords-and-developers-can-help.html