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 5 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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10:55 AM, 27th July 2024, About 5 months ago

The EPC system needs revamped .

In Scotland they intend to change the way it works you can have a c now but if gas boiler oil etc it will reduce dramatically.

They were looking at a policy where it was xy and z needed done

To show how mad these policies are a tenement build in Scotland has 3 million spent on it to meet standards . I think it was eight flats.

The whole building is valued at £350,000

Keith Wellburn

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11:16 AM, 27th July 2024, About 5 months ago

Reply to the comment left by Fred Flintstone at 27/07/2024 - 06:28
A very interesting insight into the process.

I only have just the one property remaining now after having 14 Victorian terraceds at one point. The new correct EPC is just one point off a C rating now - but just as you say the recommends are all major expenditure and I’m no fan of external insulation on a property that needs to breathe in any case.

I’ll be selling anyway if the current tenants leave - only reason I still have it is they have been great tenants for 20 years and appreciate the property - and won’t rush to do anything as the basis of assessment will likely be changing away from favouring gas heating before 2030. But you affirm my thoughts that digging into what is currently a very dumbed down process will present opportunities to make smaller adjustments to achieve the required score.

David100

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14:29 PM, 27th July 2024, About 5 months ago

IF they do this, it needs to be at the start of the next tenancy, not in the middle of the current one. It is too disruptive to tenants and landlords alike.

Lisa008

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17:37 PM, 27th July 2024, About 5 months ago

Muggins here spent £8k with the promise of more efficiency… it moved the needle 2-3 points and was still a D. Despite complaints of misselling to the ombudsmen and various other groups I didn’t have it in writing. But the good news is the ba$tards went out of business last year. I was delighted. And I informed the ombudsman that despite their apathy… At least something has been done and these cowboys can’t rip off anyone else. Their track record (trust pilot) was trash. I wish I’d have read it first.

My advice… for what it’s worth. Don’t be me. Don’t be A Muggins. Get it in writing if you’re promised a C. Don’t do anything until the last minute and it’s law and then you and everyone else won’t find anyone anyway to do the work. Take advantage of any government subsidies available. And when buying look for a C. When selling - make a big deal of it. Or get rid of your D’s first. In the meanwhile, lobby to make sure everyone - including council houses are included in this nonsense and it’ll never happen.

And if in 2030, it is law and you have a D… you’ll be stuck if you can’t evict a tenant, and you’ll be stuck if you don’t have the money to upgrade… so plan ahead.

SteveFowkes

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17:50 PM, 27th July 2024, About 5 months ago

Reply to the comment left by Lisa008 at 27/07/2024 - 17:37
My advice
Don't spend ANY money until legislation is passed - they'll be a a period of grace anyway to get any works done....as they'll be a clamour for tradesmen....if there's any PRS left by then

Steve O'Dell

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11:38 AM, 28th July 2024, About 5 months ago

Reply to the comment left by david boughton at 26/07/2024 - 05:53
Milliband has no idea of the implications of his madness. Landlords collectively breathed a big sigh of relief when the previous talk of EPC were dropped. Now, that concern has been reinstated. In prep for the last goal, I managed to get all but 1 of my properties to a C. The remaining one is uneconomic to upgrade, the return on investment in terms of energy savings will be c 30years. In order to raise to C.
On this basis, I will be selling it, so another own goal for the government.

Dizzy

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17:55 PM, 28th July 2024, About 5 months ago

Why don't we all barrage our MP's with complaints... Also asking what happened to the " Home Energy Model" which was supposed to replace EPC?

Mike Geo

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9:00 AM, 29th July 2024, About 5 months ago

Reply to the comment left by GlanACC at 26/07/2024 - 18:54you really think these judges will be on our side ? the most hardcore leftys will apply for the roles.

there's also a risk that BTL held in limited companies will be excluded from the new eviction criteria.

Dylan Morris

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9:19 AM, 29th July 2024, About 5 months ago

Reply to the comment left by Mike Geo at 29/07/2024 - 09:00
You’re right incorporated landlords will have much more lenient eviction rules. Got to protect the big boys.

GlanACC

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9:26 AM, 29th July 2024, About 5 months ago

Reply to the comment left by Mike Geo at 29/07/2024 - 09:00
Judges have never really been on our side, so no change there. I have only ever known one judge use common sense when I took a customer (not a tenant) to court.

Fiddling with property LTD companies is MUCH harder than fiddling with property companies outside the LTD structure.

The government and local authorities actually like landlords as they are a cash cow, however you are correct in that the media will always try to put a negative spin on any landlord stories.

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