Miliband and Rayner start EPC clampdown on private rental sector

The government has confirmed that it wants tough new energy efficiency targets for the private rental sector.

It says that up to 500,000 private rental households will be “lifted out of poverty” by 2030, with tenants “£240 better off per year.”

Ed Miliband’s Department of Energy Security and Net Zero has this morning launched an official consultation on proposals to mandate all private landlords in England and Wales to meet higher energy performance ratings within five years. The government claims the average cost to landlords of complying with the proposals to upgrade their properties is between £6,100 and £6,800.

The launch statement says: “While 48% of private rented homes in England are already Energy Performance Certificate C or above, ministers now want to ensure this good practice is extended to all properties in the sector, making sure landlords are not undercut, while protecting tenants. As of 2030 all private landlords will be required to meet a higher standard of Energy Performance Certificate (EPC) C or equivalent in their properties, up from the current level of EPC E.”

Read the full article at Letting Agent Today