Ed Miliband: Landlords must meet EPC C targets by 2030

Ed Miliband: Landlords must meet EPC C targets by 2030

9:34 AM, 26th July 2024, About 4 months ago 61

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Landlords could face bans on renting out their property if they do not meet EPC C targets by 2030, claims the NRLA.

Ed Miliband, energy security and net zero secretary, told the House of Commons that landlords must meet energy efficiency targets by 2030 but gave no further detail on how this will be achieved.

The NRLA is urging the Labour government to provide clarity on funding for energy efficiency improvements.

The former Prime Minister Rishi Sunak scrapped EPC targets which would have required landlords to ensure their rental property had a minimum EPC C rating.

The mooted deadline was 2025 for new tenancies, and by 2028 for all tenancies.

Mandatory targets will help those in fuel poverty

Mr Miliband told the Commons: “One thing that this government will do that the last government did not, is demand that landlords raise the standard of their accommodation to a proper energy performance certificate standard C by 2030.”

Mr Miliband claims the mandatory targets will support more than three million people in the country facing fuel poverty.

Most landlords are not property tycoons

However, the NRLA warns without a proper plan, many smaller landlords will struggle to meet the new requirements.

NRLA deputy director of campaigns, policy and public affairs Meera Chindooroy said: “In the midst of a housing and cost of living crisis it is vital that we ensure there is a healthy supply of quality homes to let in the places where people want to live.

“Creating energy efficient homes is a win/win – tenants have cheaper bills, and the property is more marketable as a result. However, the costs to get some homes, typically older properties, to a C grade is, quite simply prohibitive for smaller landlords.

“Our research shows that, contrary to popular opinion most landlords are not property tycoons with money to spare, and with improvements potentially costing tens of thousands of pounds it is essential that the government comes up with a plan that will work across the country.”

Energy efficiency improvements capped at £10,000

The NRLA is asking the government for more information as to how properties will be assessed and details of any exemptions and spending caps, as well as whether funding or other support will be available to landlords when it comes to making improvements.

Under the previous government’s proposals, spending on energy efficiency improvements was capped at £10,000.

However, the NRLA points out that this cap could have varying impacts on landlords depending on their location.

For example, £10,000 might be more manageable for a landlord with properties in London compared to one with properties in the North East.

You can watch the Ed Miliband video below


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Neil Robb

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12:26 PM, 26th July 2024, About 4 months ago

What he needs to understand is for landlord to spend huge amounts of money rents will have to go up.

So tenant saving £300 a year energy bill but rents up £2000 . How's that going to go down.

Reluctant Landlord

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12:44 PM, 26th July 2024, About 4 months ago

Reply to the comment left by Neil Robb at 26/07/2024 - 12:26
The tenants will be happy to sign a letter (drafted by the LL!) stating they do not want the work carried out while they are in occupation. (that gives a 5 year exemption or until that tenancy ends. From what I can see nothing stopping a new tenant stating they don't want it done either before they start a tenancy IF they are given an option of a let at X£ cost, or a rental charge of X£+£ if the work is carried out??.)
Also a caveat in the existing exemption rules that if the property is jointly held for example, the work cannot be carried out of another owner refuses to also agree to it.
Ditto for leaseholders if the freeholder does not give consent for any works either.

Reluctant Landlord

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13:01 PM, 26th July 2024, About 4 months ago

Reply to the comment left by Neil Robb at 26/07/2024 - 12:26also...is that £300 a year 'saving' on the actual energy consumption? No savings at all can be made to the high standing charges that are charged, which in many cases for my tenants is the biggest % of the bill.
Saving energy for most of my tenants means not using the electric/gas at all, therefore no actual savings can be achieved if the EPC is increased to another letter category or not, but its is certain the rent will if I am forced to carry out work to the property just to get to another rating on paper, and to tick a box to make Millibonse happy...

Andrew Mcgaulley

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13:09 PM, 26th July 2024, About 4 months ago

Reply to the comment left by Keith Wellburn at 26/07/2024 - 12:12
GB Energy is a non starter, it will not happen.

Carla mason

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13:41 PM, 26th July 2024, About 4 months ago

Downing Street is rated F. Is the next PM going to be allowed to stay in the flat rent free

Mike Geo

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14:00 PM, 26th July 2024, About 4 months ago

Reply to the comment left by Reluctant Landlord at 26/07/2024 - 12:44
I don't want sound negative and hope you are correct however there's a risk they will just force LLs to pay for alternate accommodation whilst the work is done ?

and rent rises may be capped / blocked so the threat of higher rent if the work is done may not work either.

the jointly held thing may work but unless married how can u make a property jointly without massive costs.

G Master

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14:51 PM, 26th July 2024, About 4 months ago

Why only the landlords ?

Do private dwellings not consume any energy?

Adrian Jones

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14:59 PM, 26th July 2024, About 4 months ago

The building industry is going to be busy for the next few years with 1.5 million new properties and all the work required to bring properties up to the new EPC standard.

Aren't we lucky to have so many tradesmen available.

Fed-up Landlord

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15:58 PM, 26th July 2024, About 4 months ago

Is it coincidence that the deadline is after they will be defeated at the next election? How convenient!
I, for one, will not spend a penny on dubious improvements with a corresponding rent increase.
At least now I have a retirement timescale

SteveFowkes

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16:17 PM, 26th July 2024, About 4 months ago

Reply to the comment left by Fed-up Landlord at 26/07/2024 - 15:58
Yes I think it'll JIT for me to sell up too....

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