Landlords to pay £11,713 bill per property to meet EPC rules
Summary
Pegasus Insight research suggests landlords expect to spend an average of £11,713 per property to reach the proposed EPC C standard, with many seeking savings, borrowing or grant support to fund the work. The findings indicate that financing energy-efficiency upgrades may be a key factor in whether landlords proceed with improvements, pass costs on through rents, or leave the sector.
Why it matters
Residential surveyors advising on rental stock, asset condition and compliance will increasingly encounter EPC-driven upgrade decisions and associated funding constraints. The article also signals potential impacts on property viability, landlord behaviour and demand for retrofit-related advice.
Key points
- Average estimated cost to upgrade a rental property to EPC C is £11,713.
- 60% of landlords reportedly own at least one property below EPC C.
- 62% of affected landlords say they intend to make the required improvements.
- Landlords are considering savings, borrowing, grants and equity release to fund upgrades.
- Pegasus Insight says the financing gap could influence rent increases or landlord exits.
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