It has long been said that all lettings properties will need to be an EPC grade C by 2025 for new lets and by 2028 for all lets. We have been waiting for detailed plans on this for the last two years as it has never been enshrined in legislation.
As part of Rishi Sunak’s announcement yesterday reversing on a number of green policies, he has confirmed that he plans no further changes to legally enforced EPC minimum standards, meaning a Grade E or above will remain the minimum.
“Under current plans, some property owners would have been forced to make expensive upgrades in just two years’ time. That’s just wrong. So those plans will be scrapped and while we will continue to subsidise energy efficiency, we’ll never force any household to do it.”
Whilst of course we are in a time of political uncertainty and elections are coming which could see yet more change in Government and policies, we can put the immediate concerns around EPC’s and the potential exacerbation of supply issues for tenants to bed for now.
In other news, there is no further advancement of the Renters Reform Bill through parliament as yet but we will keep you up to date as always!
