UK Landlords Face Challenges In Meeting EPC 'C' Targets, Study Reveals
UK landlords face challenges in meeting EPC 'C' targets, study reveals
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United Kingdom
UK landlords face challenges in meeting EPC 'C' targets, study reveals
22 November 2024
Research from Foundation Home Loans reveals that two-thirds of UK landlords own properties are not meeting the government's proposed EPC 'C' targets, with many planning upgrades to comply by 2030, funding them through savings or rent increases.
Editorial Team
Research from Foundation Home Loans in 2024 reveals that 67% of UK landlords own properties that don’t meet the government’s proposed EPC 'C' targets, which aim for all rented homes to achieve this rating by 2030.
While 92% of landlords are aware of these standards, only 67% fully understand them. In response, 42% of landlords plan to upgrade their properties, with most funding improvements through savings or rent increases.
The cost to meet EPC 'C' is estimated at £12,000 per property, with upgrades focusing on insulation, heating systems and PV panels. Green mortgages could help finance these changes.