Government reveals EPC cost upgrades for PRS homes

Government reveals EPC cost upgrades for PRS homes

0:10 AM, 19th July 2023, About A year ago 13

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Energy efficiency improvement costs for some private rented sector homes could cost nearly £15,000.

The English Housing Survey for 2021-2022 reveals 19% of PRS homes could cost between £10,000 and £15,000 to improve to at least an EPC rating of C.

A further 5% of homes could require £15,000 or more to improve their energy efficiency.

30% of  homes could be improved for under £5,000

Nearly half of PRS homes (46%) could cost between £5,000 and nearly £10,000 to improve their energy efficiency.

According to the survey, almost a third (30%) of homes could be improved for under £5,000.

Though the plans have not been made into law, ministers have previously proposed that by April 2025, newly rented properties in England and Wales will need to meet a minimum EPC standard of C – tougher than the current E standard.

The regulation is also slated to apply to existing tenancies from 2028.

When compared with other sectors, homes of private renters were generally more likely to require larger sums of money to reach an EPC rating of C compared to social renters.

Direct debit most common energy payment for private renters

According to the survey, most private renters in 2021, lived in homes with an energy efficiency rating band of A to C (44%) followed closely by band D (42%) while the remaining 14% lived in homes with a band of E to G.

Direct debit was the most common energy payment method for private renters, with more than (54%) using direct debit to pay for gas and two-thirds (66%) using direct debit to pay for electricity.

The proportion of people paying by direct debit was higher among private renters for both gas (54%) and electricity (66%) compared to social renters (40% and 46% for gas and electricity)


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JaSam

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9:58 AM, 19th July 2023, About A year ago

If it is true then I await the Government grant to perform sensible and non intrusive upgrades to eligible properties, otherwise if I have to pay then the cost will simply be passed onto the tenants over a 5-10year period. So the saving in energy is almost counter balanced by increases in rent but at least it would help towards net zero targets. Wishful thinking.

Dylan Morris

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10:41 AM, 19th July 2023, About A year ago

Net zero is a massive scam just like the plandemic and the experimental injections. Carbon dioxide comprises just 0.04% of the atmosphere. Below 0.02% vegetation starts to die off and oxygen levels are reduced. (The ice age wasn’t due to too many petrol and diesel cars).The climate is changing all the time has done for 4 billion years and there’s absolutely nothing we can do about it. There’s no evidence whatsoever that carbon dioxide levels are increasing and that such levels have any effect on the climate.

Churchills Tax Advisers

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10:41 AM, 19th July 2023, About A year ago

The cost of improving EPC ratings (which, in a lot of cases, will involve cladding, etc) will be nothing compared with the cost of being sued by tenants due to increased condensation and mould.

Contango

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10:41 AM, 19th July 2023, About A year ago

Reply to the comment left by JaSam at 19/07/2023 - 09:58
To insulate the external walls we would need vacant possession, but the Government with the other hand are removing our right to recover possession. Result Mexican Stand Off!

Dylan Morris

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10:47 AM, 19th July 2023, About A year ago

So…..properties in the PRS cause climate change but council properties don’t.

Contango

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11:30 AM, 19th July 2023, About A year ago

Council owned properties are often far worse. The mass concrete used in 60s blocks tends to be a cold material and air-borne water vapour from showers turns into mould where droplets condense on cold walls. Hence it is the case that Councils end up paying out countless millions of pounds to settle claims lodged against them for disrepair. In fact there are certain barristers and solicitors who tout around for such instructions and do little else.

david porter

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11:42 AM, 19th July 2023, About A year ago

this tenant who is being evicted every eight minutes is very fed up with it!!!!!!!!!!

Beaver

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13:30 PM, 19th July 2023, About A year ago

So this [band C by April 2025] is for "newly rented homes in England and Wales".

Anyone know what the situation is in Scotland?

Robert

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13:30 PM, 19th July 2023, About A year ago

There is certain amount of hypocrisy from the Government , If improving energy ratings in the rental sector is a good thing, why does it only apply to the private rental sector. Housing associations and other social housing do not have these rules. The reason is simple, neither housing associations nor local authorities can afford to make the change or afford to rehouse whilst work is being done.

Beaver

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15:24 PM, 19th July 2023, About A year ago

Reply to the comment left by Robert at 19/07/2023 - 13:30
I think that something that housing associations, councils and other social housing providers, together with the largely left-wing groups representing them, have failed to understand is that when the government pursues policies that drive good landlords out of the PRS *they* indirectly experience the impact of those policies as the problem of housing homeless people is dumped on them as a consequence of a shortage of accommodation in the PRS. The ardent Trotskyites don't care about this because they don't believe anybody should own anything and the 'guv'ment' should decide where everybody lives on the basis of need: The rabid militants actually want a crisis to give the 'guv'ment' the excuse to intervene with radical policies. We've seen a hint of this in Scotland and we've also seen some of the 'unintended consequences' of these policies.

But anybody with any intelligence, ability and enough conscience to put the effort in to understand the problem must see that having a failed EPC system damages everybody, including tenants, and does nothing for the environment.

If we had an EPC system that was fit for purpose and tenants could rent band A houses at a higher rent and C, D, or E houses at a lower rent the market would begin to sort that out. What we are seeing is market failure as a consequence of legislation that wasn't properly thought through and was also badly implemented.

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