The Government is considering support to help landlords improve their rental property’s energy performance certificate (EPC) rating, it has been revealed.
Currently, landlords are prohibited from letting a property if the EPC rating is below E, a target that is being increased to C by 2030.
Agency trade body Propertymark wrote to Energy Secretary Ed Miliband to call for support to help landlords decarbonise.
Miliband confirmed that his department is still considering support and incentives for private landlords.
There are already initiatives such as the Boiler Upgrade Scheme and the Great British Insulation Scheme, which deliver funding via installers, energy companies, and other providers.
Tim Thomas, policy and campaigns officer at Propertymark, said: “Clarity from the UK Government on new energy efficiency targets is vitality important and there must be sufficient financial and practical support to help landlords meet the legislation and contribute towards net zero targets 2050. Without this support, and an understanding of the diverse nature of property, targets are unlikely to be achieved.
“As the clock continues to tick down to 2030, the sector also requires urgent clarity on exemptions, including the level of a cost-cap exemption, and if the UK Government intends to introduce interim milestone targets.”