Covid-19 Bounce Back loans for property businesses16:06 PM, 5th May 2020
About 3 weeks ago 46
My Husband and I (in our 50’s) bought a house, our first one together. We managed to save up the deposit and recover our credit over 15 years to get a mortgage. Shortly after completing I fell ill and had to move into a bungalow, but I am still working for now.
The house has an EPC score of 21/F and is standing empty. It has electric storage heaters, we cleared the house, bathroom is new and had gas connected, but we cannot afford to put the central heating in. We have enough savings for cheap carpets and basic kitchen, but would need another £5k for central heating. We tried the council for grants, nothing available to us as we both had a house back in the 80’s with ex partners.
Has anyone found any solution to improve their EPC even just to an E so we could rent it out?
We have it back on the market as we are paying rent and a mortgage which leaves us with little to live off. It breaks our heart we won’t be able to keep it as it was our retirement plan in 15 years.
Now we face renting for the rest of our lives again.
Please Log-In OR Become a member to reply to comments or subscribe to new comment notifications.
Our mission is to facilitate the sharing of best practice amongst UK landlords, tenants and letting agentsLearn More