Cost of upping EPCs revealed

Nearly half (46%) private landlords will have to spend between £5,000 and £9,999 on improving the standards of their homes ahead of new Energy Performance Certificate (EPC) standards, government analysis shows.

From 2025, all newly rented properties will be required to have an EPC rating of C or above, while for new tenancies that will apply from 2028.

For very inefficient properties various kinds of insulation become very expensive, as it would cost 19% of homes between £10,00 and £14,999 to bring EPCs to C.

However for those affected a cost cap of £10,000 will apply, meaning landlords won’t be expected to spend more than that on upgrading their properties.

A third (30%) should be able to make the upgrades for up to £5,000, which is likely to apply for many people who own newer stock.

In 2021 most private renters lived in homes with a band A to C (44%) followed by band D (42%). The remaining 14% lived in homes with an EER band of E to G, the English Housing Survey shows.