Posts Tagged 'EPC'

Improving the EPC of privately rented homes

We’ve had legislation where a rental property needs an EPC of E or better and now the government has issued a consultation paper to get that to C.

This consultation seeks views on the government’s proposal to amend the Energy Efficiency (Private Rented Property) (England and Wales) Regulations 2015. They think the proposed amendments would significantly improve the energy performance of private rented sector homes.

Now I’ve looked at the properties I own which are terraced houses and they are E and most of the BTL mortgages I arrange for my clients are E as well.

A lot of properties are going to be affected if it becomes law for new tenancies from 2025 and all tenancies from 2028.

It looks like grants may be available and there is also the opportunity for you to tell the government what you think by going online and completing an Online Survey

When you have a break in tenancy see how you can improve the efficiency of the property and if finance is required there are plenty of remortgage products to raise capital for this.

Your property may be repossessed if you do not keep up repayments on a mortgage or any debt secured on it.

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