12:00 PM, 19th January 2022, About 4 months ago 59
We are a company just starting our adventure into the BTL market – we own 1 property and are nearing completion on the second in the North East. This property is well into Level E of the EPC and I’m looking at options we can do during renovation to up the level getting ready for 2025.
One of the items I’m wanting to investigate is solar PV which seems to gain a lot of points, the other is thermal cladding – but being an end of terrace house, cladding seems to be very expensive. On the other hand, Solar PV (based on websites) seems to be doable if we can increase the rent from £500 to £550
In a discussion with our agent about this, his advice was to forget about this at present as:
* The legislation is still under discussion and will only apply to housing associations from 2025
* He expects the points basis will change as it did when level E was introduced – “suddenly all brick house complied with level E”
*The government, despite killing Green Homes, will make funding available for all house owners
Am I worrying unduly about this proposed legislative change?
Thanks in advance
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