Landlords Express Concerns Over New EPC Regulations

A recent study by Shawbrook Bank reveals that 78% of landlords are concerned about meeting the government's Energy Performance Certificate (EPC) requirement for rental properties to achieve a C rating or above by 2030. Many landlords express that achieving these targets will be difficult without government support, with 29% saying they cannot afford the necessary upgrades and 25% considering selling their properties. Despite these concerns, some landlords have already begun investing in improvements, with 22% achieving a C rating or higher and 21% making changes prior to the introduction of new regulations. The rising costs of materials and labor pose significant challenges, prompting calls for government assistance. Emma Cox from Shawbrook emphasized the motivation among landlords to enhance their properties, but noted that economic uncertainties have caused many to delay renovations. With over five years remaining to comply, support will be crucial for landlords to meet the new standards.