EPC changes may trigger landlords to quit rather than improve – claim
Summary
Landlords in England and Wales are being advised to plan ahead for forthcoming energy efficiency requirements, with privately rented homes expected to need an EPC C-equivalent standard by 1 October 2030 unless exempt. The article highlights that some landlords may choose to sell lower-rated properties rather than fund upgrades, given estimated improvement costs that could reach £10,000 per property.
Why it matters
Surveyors may increasingly be asked to assess EPC-related upgrade options, likely costs and the implications for saleability or rental viability. The changes also reinforce the need to understand how energy efficiency requirements and wider rental reform may affect asset value and portfolio strategy.
Key points
- Privately rented homes are expected to meet an EPC C-equivalent standard by October 2030.
- Landlords may face upgrade costs of up to £10,000 per property, with government analysis suggesting an average spend of about £5,400.
- Some landlords may decide to sell properties rather than invest in improvements.
- Early assessment of current EPC rating, upgrade costs and long-term returns is being encouraged.
- The article links EPC changes with the wider impact of the Renters Rights Act on portfolio planning.
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