EPC upgrades will cost less than feared
blog EPC upgrades will cost less than feared June 20, 2023 One contributor...
By 2030 all rental properties will need an EPC rating of ‘C’ or above, however, it is likely that this target will be brought forward to 2025. These new regulations will be introduced for new tenancies first, followed by all tenancies from 2028.
Recent research from the Office of national statistics shows that just 12% of homes built before 1900 have a high energy efficiency rating, leaving landlords of these properties with considerable amounts of work to do to meet the new target.
Making improvements and ‘retrofitting’ your properties can be expensive. We have worked with a team of experts to develop handy tips on low-cost improvements that you can make to your properties
Beyond improving EPC performance there is value in being green. This is both energy-saving and cost-saving, as well as having an impact on the planet. Research shows that landlords that are green are able to save money and attract better-quality tenants who stay in the property for longer.
blog EPC upgrades will cost less than feared June 20, 2023 One contributor...
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blog Staggeringly Inaccurate June 20, 2023 One contributor This was the view of...
Find quick answers to common questions about EPCs, from what they are to how to improve your rating.
The current rules, requiring a property to have an EPC rating of E or above have not changed. The Government is proposing to change the rules to mean that all rental properties have an EPC rating of C or above by 2025 (or 2028 for existing tenancies)
Smart meters can help improve energy efficiency and help tenants keep track of energy costs, but they do not directly contribute to an improved EPC rating. However, they do facilitate better use of energy and can contribute in that way.
Yes, triple glazing will improve EPC rating. Newly installed double glazing will also improve EPC rating and in most cases the additional cost of triple glazing will not be worth the additional expenditure.
Yes installing solar panels can have a positive effect on EPC ratings, improving the scoring by up to 15 points, however, the exact improvement would depend on the size and type of system installed.
Yes in most cases, however if your property has a rating below E, you may be required to make improvements prior to closing a buy to let mortgage application. As it is now law that rental properties must have a rating of E or above you may be refused a buy to let mortgage.
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