Many landlords unaware of changing EPC regulations
Over two-fifths of UK landlords are still unaware of the upcoming changes to Energy Performance Certificate (EPC) regulations, new research from Market Financial Solutions (MFS) has revealed.The specialist lender's findings suggested that just 38% of landlords fully understand what the rule change will entail. From April 2025, any newly let property in the private rental sector will potentially need an energy performance certificate of C or higher, up from E currently.MFS, which commissioned an independent survey among 459 UK landlords who own one or more rental properties, found that 58% of landlords are aware that the rules around EPC ratings are changing. In contrast, only 57% of landlords with a single buy-to-let property know about the new regulations. This figure does rise to 77% among those with four or more BTL properties.
Aaron Strutt, product director at Trinity Financial, says: "Many properties will need a significant amount of work and money to be brought up to standard. They may also need to be empty as tenants will not want to pay rent with builders in the property.
"It is not just the professional landlords who may well need to meet the rules; it is those with one or two properties. Maybe they were accidental landlords or took a let-to-buy mortgage a few years ago."
Trinity Financial's brokers can help landlords work out if they can remortgage to pay for the work.
Source: Market Financial Solutions
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The information contained within this article was correct at the time of publication but is subject to change.
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