Ed Miliband: Landlords must meet EPC C targets by 2030

Ed Miliband: Landlords must meet EPC C targets by 2030

9:34 AM, 26th July 2024, About 5 months ago 61

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Landlords could face bans on renting out their property if they do not meet EPC C targets by 2030, claims the NRLA.

Ed Miliband, energy security and net zero secretary, told the House of Commons that landlords must meet energy efficiency targets by 2030 but gave no further detail on how this will be achieved.

The NRLA is urging the Labour government to provide clarity on funding for energy efficiency improvements.

The former Prime Minister Rishi Sunak scrapped EPC targets which would have required landlords to ensure their rental property had a minimum EPC C rating.

The mooted deadline was 2025 for new tenancies, and by 2028 for all tenancies.

Mandatory targets will help those in fuel poverty

Mr Miliband told the Commons: “One thing that this government will do that the last government did not, is demand that landlords raise the standard of their accommodation to a proper energy performance certificate standard C by 2030.”

Mr Miliband claims the mandatory targets will support more than three million people in the country facing fuel poverty.

Most landlords are not property tycoons

However, the NRLA warns without a proper plan, many smaller landlords will struggle to meet the new requirements.

NRLA deputy director of campaigns, policy and public affairs Meera Chindooroy said: “In the midst of a housing and cost of living crisis it is vital that we ensure there is a healthy supply of quality homes to let in the places where people want to live.

“Creating energy efficient homes is a win/win – tenants have cheaper bills, and the property is more marketable as a result. However, the costs to get some homes, typically older properties, to a C grade is, quite simply prohibitive for smaller landlords.

“Our research shows that, contrary to popular opinion most landlords are not property tycoons with money to spare, and with improvements potentially costing tens of thousands of pounds it is essential that the government comes up with a plan that will work across the country.”

Energy efficiency improvements capped at £10,000

The NRLA is asking the government for more information as to how properties will be assessed and details of any exemptions and spending caps, as well as whether funding or other support will be available to landlords when it comes to making improvements.

Under the previous government’s proposals, spending on energy efficiency improvements was capped at £10,000.

However, the NRLA points out that this cap could have varying impacts on landlords depending on their location.

For example, £10,000 might be more manageable for a landlord with properties in London compared to one with properties in the North East.

You can watch the Ed Miliband video below


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david boughton

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5:53 AM, 26th July 2024, About 5 months ago

As a developer it is nigh on impossible to get some old buildings up to a C.this goes to show how out of touch these people are ....still if you cannot get it to a C ...turn it into an air bnb where no regulations exist....or just sell up

GlanACC

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7:14 AM, 26th July 2024, About 5 months ago

If the tenant refuses access to upgrade the property due to the disruption then you can be exempted for 4 years (my tenants have agreed to this)

Cider Drinker

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8:58 AM, 26th July 2024, About 5 months ago

This proposal will only be reasonable if Social Housing is included in the legislation.

We are heading towards greener energy. Labour’s ’British Energy’ is accelerating this move. Surely, if homes use green energy, there’s a lesser need to improve EPCs. What difference does it make if I have solar PV on my roof or if I draw my energy from wind farms in the North Sea?

Spending many thousands of pounds to save a tenant a few quid is bad business. Rents will rise by many times more than the saving on energy. Tenants will live that.

If landlords cannot rent out their properties, they’ll be forced to evict the tenants and sell. Tenants will love that.

The EPC system is not fit for purpose.

Spending good money making expensive houses better insulated is one thing. Spending £10k on an early 1900s terraced house in the north of England is stupid. These houses need to be demolished to make way for new houses that could be built to modern standards.

Many of the damp issues suffered by tenants are caused by poorly installed cavity wall and loft insulation.

This announcement will accelerate the number of evictions at a time when massive net migration demands more and more rental properties.

Reluctant Landlord

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9:15 AM, 26th July 2024, About 5 months ago

Reply to the comment left by GlanACC at 26/07/2024 - 07:14
ditto - that's the way I shall go. If you explain to the T what works are involved PLUS the reality of how much the rent will go up as a result...they will inevitably agree to sign something to say they don't agree.

NO tenant is going to see the sense of having work undertaken at X cost which means the rent increases by Y to then 'save' them Z per annum is worth it.

Most tenants don't heat their houses properly to the barest minimum (and no where near the EPC states as its average) as it is so the idea of saving money on actual heating is pointless. Most of mine pay higher standing charges than on actual consumption so any 'improvements' are going to make little difference on consumption.

Millibob needs to go back to the drawing board......

JamesB

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10:19 AM, 26th July 2024, About 5 months ago

I currently have under offer a London based Victorian terrace epc D property that I had happily let for 21 years to various families who loved living there.
The GROSS rental yield is roughly 4%. Where is the margin I am supposed to use to gut the place to get it up to an epc C as well as everything else that is now expected of me as a landlord? Is this from the same government that is threatening to cap/control rents or make it so that I wouldn't be able to get rid of future tenants even if they stopped paying? I am an individual, I can't print money!
I looked carefully at the epc report and the only way I could make it a C would be to undo all of the ceiling and walls in the loft conversion and redo them with different insulation. That'll be a "no thanks" from me, so it is being sold to a family who will love living in it just as it is, like the majority of the homeowning neighbours, since a check online shows that pretty much the whole road is either D or E rated.

Elena Sh

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10:25 AM, 26th July 2024, About 5 months ago

These millabands people either insane or simply don't know what they are doing. The stupid incapable to think, unelected people in UK government are dangerous for the whole nation ...

Adrian Jones

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10:39 AM, 26th July 2024, About 5 months ago

Reply to the comment left by GlanACC at 26/07/2024 - 07:14
That's convenient!

Tim Rogers

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10:52 AM, 26th July 2024, About 5 months ago

I recently had work done to achieve EPC3 in a 1890 built mid terrace house. Fortunately, in tandem with my tenants, we were able to get the inner wall insulation fitted under the ECO4 system.

But a word of warning to all, in our case the ECO4 work did not cover, kitchen or bathroom, nor making good the decoration afterwards. We were left with 3 bedrooms and 2 living rooms in need of full redecoration before they would be what you would call habitable. As the rooms are wallpapered, the plasterwork has long seen better days, the cost in time and money has been significant.

roger radford

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10:53 AM, 26th July 2024, About 5 months ago

Millipede needs to be read the riot act. My Edwardian property in northeast London was given a C rating in 2008, before I had double glazing installed. After installation, and in 2018, it was given a D rating. “The computer says, No” is going to be the result whatever we do. You could spend 10k attempting to fulfil the ridiculous demands, and it would still fail. And that’s supposing you could find engineers to do it. Millions of flats would be in the queue. At least the Tories saw the error of their ways. Socialist dogma, on the other hand, will see all of us bankrupted one way or the other. The EPC minimum should be fixed at D, or scrapped altogether.

Geoff1975

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10:56 AM, 26th July 2024, About 5 months ago

The EPC will need to be worth the paper it’s written on first. At the moment it’s meaningless. Therefore to say you can’t let out a property on the basis of the flawed document is nonsense.

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