With all new or renewed private sector tenancies in the UK requiring properties to have at least an ‘E’ rating on their Energy Performance Certificate, the Residential Landlords Association (RLA) is seeking the government’s support for better implementation.
In its forthcoming submission to the Treasury ahead of the Budget, the RLA will call for all work carried out by landlords that is recommended on an Energy Performance Certificate (EPC) to be considered a tax-deductible repair. “This would encourage a culture of continuous improvements to properties rather than simply meeting set targets and leaving them there,” the RLA said.
New research by the RLA’s research body, PEARL, has found that 37 per cent of landlords with properties rated F or G are unable to afford to bring their property up to at least an E rating. On average, such landlords reported that it would cost them almost £5,800 to bring their properties up to the required standard.
The proportion of private rented homes with an Energy Performance Rating of F or G has fallen from just over 25 per cent in 2006 to under 7 per cent in 2016.
Suggestions are that the Government will increase this target to a C rating by 2030 and the RLA has called on the policy makers to help support landlords to make continuous improvements to prepare.
RLA Policy Director, David Smith, said: "Whilst progress has been made, we need to be more ambitious for the country’s stock of private rented homes. Energy efficient homes are good for tenants and good for landlords. That is why we need to use taxation far better than we do at present to encourage a continuous culture of energy improvements."