The UK government have proposed new rules to ensure all new rental properties have an EPC rating of at least band ?C? by 2025/2026.
As it stands, 23% of landlords say their properties are rated ‘D’ or below and 14% have stated they don’t have the funds available to pay for energy improvements.
New data shows that If all privately rented properties which had a current EPC rating of D-G were upgraded to a band of ‘C’ (or above), it would save tenants across England a total of ?844m in annual utility bills. This equates to over ?350 saved per household.
Astonishingly, 27% of landlords don’t actually know the current EPC ratings of their rental properties, which raises cause for concern with the government’s proposed deadline.
For those landlords who want to sell their tenanted properties fast in light of the new EPC mandatory regulations, can use specialist UK-based firms who increase the speed of sale and minimise the stress.
When selling a tenanted property to a National Homebuyer, tenants can continue to rent the property without interference to their agreement. This includes sitting tenants such as Assured Shorthold Tenancies, Protected Tenants, Life Agreement Tenants, Assured Tenants and Tenants with verbal or informal arrangements.
