Level C on EPC £££
Do most landlords realise the impact of the cost to get to a level C EPC if this becomes legislated as a requirement?
We have a property that was fully renovated 5 years ago to full building regs. It had 100mm insulation added in the floor and ceiling, 50mm insulation in the walls and fully double glazed etc etc.
We needed a new EPC to be carried out last week and it only achieved an E rating!
The cost of the renovation was just a fraction under £100,000 all in. If a property is older build it will not get anywhere near a C rating we would suggest.
Who is going to do all the work required on all the properties?
There are not enough workmen available at the moment and the cost will become unviable to keep a lot as rentals.
Charles
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Welsh Landlords - Set Up to Fail?
Member Since September 2018 - Comments: 3508 - Articles: 5
4:05 PM, 4th January 2023, About 3 years ago
Reply to the comment left by Old Mrs Landlord at 04/01/2023 – 12:57
ahh ok – crooss purpose post reply!
Member Since January 2023 - Comments: 4
1:27 PM, 28th January 2023, About 3 years ago
Out of interest just checked a random EPC E rated semi. Annual running costs £1203 (how they know this on lifestyle choices?) Upgrading with new boiler, cavity insulation, low energy bulbs, solar water heating, heating thermostats, solar photovoltaic panels, could achieve a D/C with latter and save a whopping……….£365 a year. Some would not get out of bed for this money. Cost of putting all this stuff in is not provided. Makes you wonder if all those thinking up this stuff collect their brains on the way out the building. If this truly is an EU originated scheme that just about explains it.
Member Since January 2023 - Comments: 4
1:43 PM, 28th January 2023, About 3 years ago
edit from another EPC Solar V £5k-8k Boiler £2.2-£3k bulbs £85 Solar water £4k-6k Cavity £500-£1.5k controls £350-£450