Propertymark has responded to the UK Government’s consultation on Improving the Energy Performance of Privately Rented Homes in England and Wales by highlighting a number of concerns. These relate to affordability and the need to look beyond a one-size fits all policy and develop proposals that work with the different age, condition, and size of properties in the private rented sector.
Central to the UK Government’s proposals are for all new tenancies from 1 April 2025 and all existing tenancies by 1 April 2028 must meet band C or higher on an Energy Performance Certificate (EPC). The UK Government also wishes to increase the cost cap to £10,000 per property; set a requirement for landlords to install ‘fabric first’ measures; as well as requirements on letting agents and online property platforms to only advertise and let properties compliant with the rules.
For more detail on what the plans included you can read our original article encouraging letting agents to respond to the consultation.
