EPC assessment pilot to help landlords
Summary
The Mortgage Works is piloting free energy-efficiency assessments for eligible landlords to help them understand the work needed to reach EPC C by 2030. The lender is also launching discounted further advance products to support funding for retrofit improvements, alongside research showing widespread landlord awareness gaps about the forthcoming standards.
Why it matters
Surveyors may see increased demand for EPC-related assessments, retrofit advice and costed improvement plans as landlords prepare for future minimum energy efficiency requirements. The article also highlights a growing link between lending products and compliance-driven property upgrades, which is relevant to valuation and advisory work.
Key points
- The Mortgage Works will fund 1,000 property assessments for eligible landlords.
- Assessments will identify measures needed to achieve EPC C, with recommendations and estimated costs.
- New Energy Efficiency Further Advance products will offer discounted rates to help finance upgrades.
- Research suggests many landlords are unaware of the EPC C requirement and its timing.
- The pilot may be expanded to all The Mortgage Works customers if demand is strong.
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