BTL lenders asking for EPC C or above?
Just a heads up for everyone – I’ve recently remortgaged to fixed rate products due to the continual increase of the Bank of England Base Rate and, no doubt more to come on the 4th of August!
In every instance, the mortgage lender has stipulated the EPC rating must be C or above in order to gain the new product.
I think this will be across the board with all mortgages now, soon or in the future, regardless of it not being a statutory requirement (as yet) to rent out our properties.
Has anyone else found this issue yet?
Ann
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