1 year ago | 10 comments
Hello all, like everyone I dreaded telling my tenants that their “forever home” might not be forever due to the antics of Ed Miliband and co. I even had a comment to that effect read out by Nigel Farage on GB News last week.
Bravely I decided to get my EPC’s redone sooner rather than later. One went up a staggering 7 points. I had done nothing in the 5 years of owning the flat. The second went up 10 points making it a C. All I had done was replace a 20 year old boiler. The third stayed the same.
The advice I got from the EPC man was that their system is changing next March and that may bring a whole different set of results.
So folks the conclusion I draw is get an assessment now, if there is a “cheap” fix do it. If not get another EPC done under the new regs next April. What do others think?
The EPC is cheap in comparison to anything else one might contemplate.
Thanks,
Dizzy
Every day, landlords who want to influence policy and share real-world experience add their voice here. Your perspective helps keep the debate balanced.
Not a member yet? Join In Seconds
Login with
1 year ago | 10 comments
1 year ago | 12 comments
2 years ago | 3 comments
Sorry. You must be logged in to view this form.
Member Since February 2022 - Comments: 203
7:43 AM, 15th October 2024, About 1 year ago
Goal posts have moved so many times in this space. I’m doing nothing just for the sake of it.
Member Since July 2024 - Comments: 16
10:12 AM, 15th October 2024, About 1 year ago
My concern would be that if they are able to abolish S21 with immediate effect, would they then also be able to discard current EPC ratings to bring in a new set of regulations. Possibly giving current tenants a, for example, 6-12 month period to adhere.
I’m sure there would be tremendous kick back but it certainly would not surprise me. The globalists are trying their hardest to grab anything of worth.
Member Since May 2014 - Comments: 147
10:23 AM, 15th October 2024, About 1 year ago
Don`t bother, Milliband, The Destroyer of Common Sense, will not be in power when the EPC minimum level rises. Too few technicians to implement it, too few materials, too few landlords too afford it, too little interest by tenants.. it`s not going to happen.
Plan to decorate or improve tenants comfort another way.
Member Since February 2021 - Comments: 106
10:27 AM, 15th October 2024, About 1 year ago
Jeeze
Just sit tight – as I said for the previous EPC nonesense – it will never happen
It will cause a massive sell off and massive homelessness – if that isn’t already happening with LLs selling up
Member Since September 2024 - Comments: 95
11:36 AM, 15th October 2024, About 1 year ago
Isn’t anyone able to put a STOP to this constant sh** shower by this Government? Can’t anyone see past the end of their noses – that the ultimate losers will be Tenants?
Member Since July 2013 - Comments: 305
12:07 PM, 15th October 2024, About 1 year ago
Reply to the comment left by John MacAlevey at 15/10/2024 – 10:23
I wouldn’t rule out this idiot bringing the date forward.
Member Since December 2023 - Comments: 1575
12:18 PM, 15th October 2024, About 1 year ago
Reply to the comment left by SteveFowkes at 15/10/2024 – 10:27
Selling PRS properties won’t cause homelessness. It’ll just make the poorer people in our society homeless. The better off will be forced to buy a home of their own. Those that can only afford to buy will be homeless.
Member Since December 2015 - Comments: 292
12:44 PM, 15th October 2024, About 1 year ago
Reply to the comment left by SteveFowkes at 15/10/2024 – 10:27Agreed. I have done one in the past and it was a waste of money. Thinking I was helping the tenants to cheaper bills – who had lived there 19 years. The disruption was enough for them to move. I lost excellent tenants, spent a fortune, and never did recoup the costs as I ended up so pee off sold it! I’ve never done it since. And never will ‘cos I am out of all this uncertainty. Will sell. If CGT goes up I’ll sit on them empty. That should increase their value to cover the costs of CTAX and my remaining one will pay for the voids costs. Meanwhile the LA can provide temporary housing at nearly 4 times the rent I was charging. Who’s winning here? Not the tenants. Not the LA . Not landlords. Everyone makes a loss. No income. No tax. No money for benefits. Nothing for NHS. Not my problem. Stress free and investment elsewhere with no tenants.
Member Since January 2015 - Comments: 1435 - Articles: 1
1:03 PM, 15th October 2024, About 1 year ago
Reply to the comment left by Godfrey Jones at 15/10/2024 – 11:36Sadly only similar action as by taken by the public in response to the proposed Poll Tax
Member Since May 2014 - Comments: 88
1:08 PM, 15th October 2024, About 1 year ago
My EPC assessor is adamant it’ll never come in. However, where I have made improvements to make it a C, I’ve had new EPCs done. If (big if) the regs do change, it buys me a few more years to get the work done.
Meanwhile, I’ll not do any simple EPC work (like increasing loft insulation) unless it means a C rating. Otherwise I’ll just have to spend more if a cap is introduced.
If there’s no cap I’ll have no choice but sell. And everyone loses. Crazy.