Saturday, August 13, 2022

68% of landlords have properties with EPC ‘D’ rating


Currently, the proposals are that new tenancies must be C rated by 2025 and for existing tenancies it is 2028

Research undertaken by Landbay has found that awareness of EPC changes is much higher among portfolio landlords than non-portfolio landlords.

70% are aware that all rental properties must have an Energy Performance Certificate (EPC) rating of A, B or C. The research also revealed that 68% of the landlords surveyed had properties with an EPC rating of D or lower. However, the majority of those (80%) intend to make changes to bring their properties up to at least a C rating.

Currently, the proposals are that new tenancies must be C rated by 2025 and for existing tenancies it is 2028.

Landbay said: Some landlords are viewing these changes as an opportunity, especially those with larger portfolios of 10 properties or more. In our survey, 53% of these landlords said they would consider buying homes that were D rated or lower and bring them up to at least a C rating.

This compares to 32% of portfolio landlords with four to 10 properties who would do the same but only 20% of non-portfolio landlords would choose to buy and upgrade.

For those landlords who know about the proposed EPC changes and are also aware of green mortgages, 84% of them like the incentive of a discounted interest rate.

Paul Brett, managing director, intermediaries at Landbay, said: Our survey shows that most landlords are aware of the potential new EPC rulings by 2025 and many will have to upgrade their properties to a C rating. Some of them, especially the larger portfolio landlords with 10 or more properties, are looking at how they can turn this to their advantage.

He said: Buying properties and making them more energy efficient will raise the value of the property and the rental income landlords can charge, as well as reducing tenant’s energy bills. A few extra thousand pounds spent at the buying stage will be an investment for the longer term.


The articles are for information purposes only and Invest for Property shall not be held responsible for any errors, omissions or inaccuracies within it. Any rules or regulations mentioned within the website are those relevant at the time of publication and may not be the most up-to-date.

Invest for Property does not endorse any of the products or services that appear on it or are linked to it and are not liable for any action that you may take as a result of the content of this website, or losses or damage you may incur doing so.

There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.

Please remember that investments of any type may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.

Leave a Reply