4 years ago | 9 comments
Hello, As we all know the government is stipulating a minimum EPC ‘C’ for new tenancies signed in 2025, and for all rented homes by 2028. I run licenced HMOs with individual room lets on ASTs.
Legally, do I need to reach ‘C’ in 2025 on the first new room let tenancy, even though the other 4 tenants would be on pre-2025 contracts?
My business model is “all bills included in rent”, I’ve done all the low-hanging fruit on energy savings and to reach ‘C’ in one Victorian house with solid walls, I would probably need to have a rota on empty rooms to install wall insulation between tenants.
As I’m approaching retirement, I wonder if the payback period on all of this will stretch into my next lifetime!
Thank you,
John
11 comments on this article
A different perspective could help you spot an issue, avoid a mistake or find a better way forward. Read the comments and add your own views if you wish.
Previous Article
Most landlords will put up rent to meet rising mortgage costsNext Article
Who are the best UK Property Educators?
4 years ago | 9 comments
4 years ago | 16 comments
4 years ago | 18 comments
Member Since January 2015 - Comments: 1602 - Articles: 1
1:40 PM, 4th February 2023, About 4 years ago
Is it going to be worth being a Landlord or even a homeowner?