More landlords of the draughtiest homes in England and Wales will likely be required to upgrade their properties after a tweak to energy efficiency rules was announced today by the government. Since April this year, landlords who own the lowest rated properties for energy efficiency – known as bands F and G – have been required under law to install upgrade measures or they are not allowed to rent the property to new tenants. Landlords flouting the rules could face fines of up to £5,000. These Minimum Energy Efficiency Standards (MEES) rules apply initially to new tenancies or contract renewals, but by 2020 will apply to all domestic rented properties on the market and by 2023 all commercial properties. However, the government had previously faced criticism from environmental and fuel poverty campaigners, after proposing that landlords facing energy efficiency upgrade costs of more than £2,500 would be able to register for an exemption from the standards – effectively leaving their tenants in cold and inefficent homes. Initial draft proposals had set the cap even higher, at £5,000. Ministers today responded to this criticism, announcing that the cap on upgrade costs will now be raised to £3,500. The move means fewer landlords will likely be able to apply for exemptions, and will instead have to pay up to £3,500 of their own money towards upgrades, such as improved insulation.
Business Green 5th Nov 2018 read more »
As many as 200,000 UK landlords will face bills of up to £3,500 to upgrade homes that are energy inefficient from next year, under regulations announced by the government on Monday. Rented properties in England and Wales with an Energy Performance Certificate (EPC) of F or G – around 6 per cent of the domestic market – will have to be improved by landlords before they can be put on the market, under the new measures. “While the vast majority of landlords take great pride in the properties they own, a minority still rent out housing that is difficult to keep warm,” said Claire Perry, the energy and clean growth minister. “Upgrading these homes so they are more energy efficient is one of the most effective ways to tackle fuel poverty and help bring down bi lls for their tenants.” EPCs were introduced a decade ago as a way of measuring the energy efficiency of buildings, using a system of grades from A, the most efficient, to G, the least. Upgrading properties to an “E” rating – through measures including installing floor insulation and low-energy lighting or increasing loft insulation – is expected to cost landlords an average of £1,200 and will save tenants an average of £180 a year, according to the Department for Business, Energy and Industrial Strategy.
FT 6th Nov 2018 read more »
Guardian 5th Nov 2018 read more »