Tag: landlords
Energy minister confirms landlords must meet new EPC minimum rating
The new Under Secretary for Energy Security and Net Zero, Miatta Fahnbulleh, has confirmed that the government intends to bring in a minimum Energy Performance Certificate (EPC) rating of C for landlords. Labour promised in their election manifesto that all privately rented properties will be required to meet a minimum energy efficiency standard by 2030...
Minimum C-rating EPC plans for landlords scrapped
The government has scrapped its plans to require rental properties to be more energy efficient. As part of a reduction in commitment to green issues, it now intends to allow landlords to continue letting properties with low energy efficiency ratings. The government previously intended to change the law so that rental properties would have to...
Landlords leaving the rental sector
As tenants struggle to find suitable and affordable properties to rent, the number of landlords is declining as many are choosing to sell up. We take a look at the situation and some of the reasons why landlords are deciding to exit the rental property sector. A range of events has caused landlords to reconsider...
Changes to EPC rules could be expensive for landlords
Energy Performance Certificates, or EPCs, give an energy performance rating for properties, with the most energy efficient properties being awarded an A rating while the least efficient are rated as a G. Current legislation requires landlords to achieve a minimum of an E rating in order to legally rent out a property. A new government...
Rents in UK ‘rising at fastest pace in 13 years’
Private sector rents in the UK are rising at the fastest pace since 2008 according to property portal Zoopla. With strong demand and limited supply, rents in September reached 4.6% higher than the previous year, with average monthly rent standing at £968. Not including London, UK rents rose 6% in the year, a 14-year high...
Build to Rent explained
Build to rent refers to housing that is purpose built for the rental market rather than sale to home owners or landlords.
Build to rent developments are owned by investment bodies such as pension or insurance funds, asset managers or property companies and tend to be a premium option.
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Landlords selling private rental properties
Recent figures have revealed an increase in landlords selling their properties in the private home rental sector. Online property company Zoopla’s House Price Index report shows that the number of homes for sale that were previously rented has steadily increased throughout the past year. The south east and London show the biggest increase, with 13...
The government’s Green Homes Grant
The government’s Green Homes Grant scheme, announced in July 2020, is live. The grant can cover two-thirds of the cost of specified energy-efficient improvements on homes in England up to a maximum of £5,000, or £10,000 for those on certain benefits. What green measures can be funded? Home improvement measures are split into ‘primary’ and...
