With less than four years left until the Government wants all new private rented tenancies to be in properties with at least an Energy Performance Certificate (EPC) rating of ‘C’, new research from The Mortgage Works has uncovered a lack of confidence from landlords about bringing their properties up to the required standard in time.
Current legislation in England and Wales requires buy to let properties to have at least an EPC rating of ‘E’ or above. However, in order to improve the energy efficiency of rental properties, the Government wants to increase the requirement to a ‘C’ rating for all new tenancies by 2025 and for all existing tenancies by 2028.
According to the poll of around 750 landlords, more than a third (35%) say they are not confident they will be able to bring their properties up to the required energy efficiency standard.
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