One in five landlords indicated they’ll either sell their buy-to-let properties or stop renting them out if proposed changes to energy efficiency rules come into force.
That’s according to a new survey of buy-to-let investors by the mortgage lender Paragon Bank.
Currently, rented properties must have an Energy Performance Certificate (EPC) rating of E, but that could be set to change. The government is planning to introduce new rules requiring all new tenancies to have a rating of C by 2025. Existing tenancies would follow suit by 2028.
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