Preparing for the EPC 'C' Standard: What Landlords Need to Know

Recent data highlights a pressing concern for landlords in England: over two-thirds (67%) of landlords currently own at least one property that falls short of the government’s proposed EPC (Energy Performance Certificate) ‘C’ target. As the 2030 deadline approaches, property owners in the private rental sector must prepare for these new energy efficiency standards.

What Does the EPC ‘C’ Target Mean for Landlords?

The government has confirmed that all properties in the private rental sector will need to meet a minimum EPC rating of ‘C’ by 2030. This initiative is part of broader efforts to reduce carbon emissions and improve the energy efficiency of housing across the country. For landlords, this means assessing their properties and making necessary upgrades to insulation, heating systems, windows, or other areas impacting energy performance.

Failing to meet these requirements could result in fines, restrictions on renting out non-compliant properties, and a decrease in property desirability among eco-conscious tenants.

Awareness Is High, but Understanding Lags Behind

Encouragingly, 92% of landlords have at least some awareness of the EPC changes, suggesting that government communication efforts are reaching the intended audience. However, a more concerning statistic reveals that only 67% report a thorough understanding of the details. This knowledge gap may hinder timely action, as landlords must navigate complex regulations and assess cost-effective solutions to upgrade their properties.

For many, understanding the specific requirements—such as which improvements are necessary and eligible for funding or tax relief—is the first step to compliance. Professional advice from estate agents or energy assessors can be invaluable during this process.

Are Landlords Ready to Act?

While the challenge is significant, the outlook is optimistic for a portion of the market: 42% of landlords have already outlined plans to make the required improvements to their properties. This proactive approach reflects an understanding of the long-term benefits, including increased property value, reduced energy bills for tenants, and enhanced marketability in an increasingly eco-conscious rental market.

How Langford Rae Property Agents Can Help

At Langford Rae Property Agents, we understand the challenges landlords face in adapting to evolving regulations. Our team can guide you through the EPC compliance process, connect you with trusted professionals for energy assessments, and help you plan property upgrades strategically. By acting now, landlords can not only avoid future penalties but also position their properties as desirable, sustainable homes.

Don’t wait until the last minute to comply with the 2030 deadline. Contact Langford Rae Property Agents today to ensure your rental properties meet the upcoming EPC ‘C’ standards and remain competitive in a competitive market.

Source: Dataloft by PriceHubble, Foundation Home Loans for Q3 2024