Did you know.......
The regulation to require all newly rented properties to have an EPC rating of at least C by 2025 has been scrapped.
However, four out of every five landlords have already taken steps to ensure compliance, and nearly half of them have invested between £500 and £20,000 on improving or investing in their property over the last year.
- Policy may have shifted but the investment will have not been in vain. Landlords with modern, energy efficient properties will attract renters and be prepared for any future legislative change.
- Over three quarters of renters surveyed said that EPC rating was important. Additionally, over two thirds of buyers are also interested in EPC ratings; important for when the time comes to sell.
Thinking of letting your property? Contact our experienced lettings team today for expert advice.
Source: Dataloft Inform Poll of Subscribers (August), Shawbrook Bank August 2023, Dataloft Property Academy Survey 2022