Landlords delay rental property EPC upgrades

Landlords delay rental property EPC upgrades

0:01 AM, 24th January 2025, About 6 hours ago

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More than half of landlords with properties with an energy performance certificate (EPC) rating below C are delaying essential upgrades to meet the government’s 2030 deadline, a survey reveals.

According to Landbay, 58% of landlords with below-C rated properties are waiting until closer to the deadline to carry out the necessary work.

The survey reveals that just over a third of landlords (35%), said their properties fell below C, with half being above C.

Worryingly, just over 5% of landlords don’t know what their EPC rating is.

‘Landlords have properties at C rating’

The lender’s sales and distribution director, Rob Stanton, said: “It’s encouraging that half of our landlords have properties at C rating or above.

“But those landlords who don’t, and who are putting off upgrading their properties, need to be careful.”

He added: “Kicking the can down the road may mean that, with a national skilled worker shortage, landlords risk not getting the work done in time, they may face significant fines as a consequence.”

Landlords won’t carry out any improvements

The survey found that 6% of PRS landlords say they intend to continue renting without making any EPC improvements.

Just 18% of landlords with below-C rated properties plan to make improvements immediately.

The government says all rental properties must achieve at least an EPC C rating by 2030, or landlords will face substantial fines.

‘EPC ratings are somewhat unrealistic’

One landlord told Landbay: “I think the EPC ratings are somewhat unrealistic for most given that the council themselves also have properties in need of upgrades.”

The survey also showed that those landlords who have between 11 to 20 properties have the most properties rated between D to G at 36%.

These were followed by landlords who have between four to 10 properties, at 27%.


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