Buy to let sector should pay even MORE for energy efficiency, says trade group

November 8, 2018

 

It should perhaps come as no surprise that this week’s tightening up of the energy efficiency regulations for the private rental sector has been backed by a heating trade body, the Heating and Hotwater Industry Council.

 

Under the changes, announced first thing on Monday, landlords will have to fund some of the work required to make some of the least energy-efficient rental properties compliant with minimum requirements.

 

The payment, up to £3,500, replaces the existing cost exemption which allowed landlords to avoid implementing energy efficiency measures if there were no funding available to recover costs.

Now the HHIC has welcomed the move - but wants landlords to do even more and says the cap should be £5,000 instead of £3,500. 

 

“When government and industry - ‘those in the know’ - work together then the resulting outcomes are better. I am pleased that the government has recognised that legislation is required in the rental sector to improve EPC ratings. The figure of £3,500 improves upon the suggested £2,500 which would have only helped 30% of homes improve upon their EPC rating” says Stewart Clements, director of the HHIC.

 

 

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