Propertymark calls for financial aid to meet landlord EPC targets

Propertymark has called on the UK government to provide financial and practical support to help landlords meet the proposed Minimum Energy Efficiency Standards (MEES) by 2030.

The trade body for property agents should be able to access grants, interest free loans and tax incentives.

It wrote to energy security and net zero secretary of state, Ed Miliband, who confirmed that landlords must ensure their properties meet the EPC C deadline by 2030.

Propertymark asked Mr Miliband about the support and incentives for private landlords to decarbonise.

He confirmed that his department is still considering support and incentives for private landlords.

New energy efficiency targets

Propertymark’s policy and campaigns officer, Tim Thomas, said: “Clarity from the UK government on new energy efficiency targets is vitality important and there must be sufficient financial and practical support to help landlords meet the legislation and contribute towards Net Zero targets 2050.

“Without this support, and an understanding of the diverse nature of property, targets are unlikely to be achieved.”

He added: “As the clock continues to tick down to 2030, the sector also requires urgent clarity on exemptions, including the level of a cost-cap exemption, and if the government intends to introduce interim milestone targets.”

Boiler Upgrade Scheme

The UK government plans to invest in energy efficiency and support homeowners through various schemes, including the Boiler Upgrade Scheme and the Great British Insulation Scheme.

These initiatives provide funding through installers, energy companies and other providers.

The government intends to collaborate with banks, building societies and other private sector entities to provide additional private finance and accelerate energy efficiency upgrades and low-carbon heating.

Mr Miliband also intends to revisit the previous government’s policy of requiring non-domestic stock to meet EPC B by 2030.