News
Government made a press release in regards to the changes of EPC's
07/02/2025
Today the government made a press release in regards to the changes of EPC's.
Here is everything you need to know.....
On September 23, 2024, the UK government announced a forthcoming consultation aimed at enhancing energy efficiency within the private rented sector. The primary objective is to elevate all private rental properties to an Energy Performance Certificate (EPC) rating of C or higher by 2030. This initiative is anticipated to lift over one million households out of fuel poverty.
Key Highlights:
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Consultation Details: The consultation, launched on December 4, 2024, is set to run for 12 weeks, concluding on February 26, 2025. It seeks input on proposals to mandate that both private and social rented homes achieve an EPC rating of C or its equivalent by 2030. Additionally, the consultation will explore improvements to the accuracy and reliability of EPCs, addressing longstanding concerns about their current effectiveness.
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Warm Homes: Local Grant: As part of the initiative, the government has introduced the Warm Homes: Local Grant, effective from 2025. This grant is designed to support energy performance upgrades and the adoption of cleaner heating solutions. Private landlords with properties rated between EPC bands D to G may be eligible, provided their tenants meet specific household eligibility criteria. Notably, landlords can receive 100% funding for the first eligible property and a 50% contribution for additional properties. The grant offers up to £15,000 per home for energy performance enhancements and an additional £15,000 for low-carbon heating installations.
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Proposed Cost Cap: While the previous government had proposed a cost cap of £10,000 for landlords to meet the EPC C standard, the current consultation is considering a higher cap of £15,000. This adjustment acknowledges the varying costs associated with upgrading properties, especially older or listed buildings.
Implications for Landlords:
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Assessment of Current EPC Ratings: Landlords are encouraged to review the existing EPCs of their properties to identify areas needing improvement. Given that 61% of private rented properties currently do not meet the EPC C rating, proactive assessment is crucial.
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Planning for Upgrades: Implementing energy efficiency measures can be both time-consuming and costly. Landlords should prioritize improvements such as enhancing insulation, upgrading heating systems, and installing double glazing. It's advisable to plan these upgrades during void periods to minimize disruption to tenants.
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Financial Considerations: While grants and funding are available, landlords should be prepared for potential out-of-pocket expenses, especially if the cost of improvements exceeds the proposed cap. It's essential to budget accordingly and explore additional financing options if necessary.
Conclusion:
The government's commitment to improving energy efficiency in the private rented sector presents both challenges and opportunities for landlords. By staying informed and proactively engaging with the proposed changes, landlords can enhance the value and appeal of their properties while contributing to broader environmental goals.
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