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Industry warns government that many landlords cannot afford EPC upgrades

Estate agents have told the government that it must be realistic about the ability of private landlords to fund the huge cost of upgrading properties to meet the EPC Band C minimum by 2030 proposed in the latest consultation.

The comments by Propertymark follow a survey of landlords by lender The Mortgage Works which reveals the fears, and huge costs, faced by many landlords if the minimum EPC requirement is introduced.

Its survey of 600 landlords found that half are considering selling one or more properties as the tougher EPC rules loom, with an average expected cost of £15,000 to achieve the Band C minimum.

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