While the vast majority (78%) of landlords are aware about government proposals around EPC ratings, a similar proportion (73%) think that the government has done a poor job at communicating the proposed EPC changes.
New research from specialist lending bank Shawbrook has shown that a lack of information appears to be a key issue for landlords looking to comply with EPC changes, with 31% citing it as a barrier for them in improving the EPC ratings of their properties. Ultimately, 68% of landlords agree that there isn’t enough support for them to make improvements.
Shawbrook’s research comes following the autumn statement, in which Chancellor Jeremy Hunt reaffirmed the government’s commitment to net zero with a proposal to reduce energy consumption from buildings and industry by 15% by 2030. Hunt revealed that the government will be doubling funding to improve the energy efficiency of buildings and industry to achieve the target, adding another £6 billion from 2025.