NRLA gives evidence to Government committee
The Government’s Environmental Audit Committee has heard evidence from the NRLA as part of its investigation into the energy efficiency of homes in the UK.
As of this year all rental properties (other than those with valid exemptions) must have an EPC rating of E or higher to be legally rented out.
The government now plans to raise this level to C – or higher – from April 2025 for new tenancies and from 2028 for existing tenancies.
Chairman of the committee Philip Dunne MP said he wanted to know more about the scale of the challenges when it comes to making improvements for all tenures – with 19 million homes currently rated below the C Grade, including 10 million homes in the PRS.
NRLA Local Authority Policy Officer Gavin Dick told the committee that what was needed is a ‘policy of no regrets’, so landlords can be confident any work done will be compatible with the future change to zero carbon homes. He also said the Government needs to produce a guidance so people know the correct order to do works and what the correct works are.
When asked about the potential cost to landlords, he told the committee that while costs would be likely to fall under the £10,000 mark for most landlords for some, especially those with older homes, it would be significantly higher. There are also challenges when it comes to heritage buildings, where works are banned.
He also warned landlords could sell up if the cost of improvements is disproportionate to the value of the property and flagged issues that can arise when it comes to making improvements with tenants in situ.
Gavin was joined by other expert witnesses including Dr Rhian-Mari Thomas OBE, Chief Executive of the Green Finance Institute and Claire Tracey, Chief Strategy and Sustainability Officer of Nationwide Building Society.
To view the session in full watch the video by clicking here.
Green Homes Grants
The Government recently launched its Green Homes Grants Scheme. Landlords in England can apply for vouchers towards the cost of installing energy efficient and low-carbon heating improvements in their homes. Learn more about this scheme and read our guidance for landlords on how to apply for the voucher here.