Can you get a mortgage on property with low energy efficiency?Make Text Bigger
There are some elderly flats which I have seen for sale. They have an energy efficiency of only F and they are Grade 2 listed.
From April it will be unlawful to rent them out in their current condition and energy efficiency rating.
What is the mortgage markets point of view and criteria currently for these types of properties?
Could you raise a mortgage on them?
Will English heritage allow improvements to make them lawful to rent out?
Editor’s Note from .Gov Click Here
Listed Buildings and EPC Compliance
There is a common misunderstanding regarding listed buildings and whether they are exempt from the requirement to obtain an EPC. Listed properties, and buildings within a conservation area, will not necessarily be exempt from the requirement to have a valid EPC and it will be up to the owner of a listed
building to understand whether or not their property is required to have an EPC. Where a listed privately rented domestic property, or a property within a conservation area, is required to have an EPC, that property will be within scope of the minimum energy efficiency standards.
An EPC is not currently required for a listed property or building within a conservation area when it is sold or rented in so far as compliance with minimum energy performance requirements would unacceptably alter its character or appearance. Examples of energy performance measures which may alter character or appearance (or as a minimum are likely to require local authority planning permission to install on a listed building) include solid wall insulation, replacement glazing, solar panels, or an external wall mounted air source heat pump. Where character or appearance would not be altered by
compliance with energy performance requirements, an EPC may be legally required.
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