The Labour government wants privately rented homes to have a minimum energy performance rating of a C by 2030. Here Aldermore investigates the impact this may have on landlords. Your landlord clients already have plenty on their plates with the forthcoming Renter’s Right Bill .
But there’s another change coming their way, new Minimum Energy Efficiency Standards (MEES) for privately rented properties.
Landlords and brokers could be forgiven for thinking these targets were recently scrapped, and they’d be right. Rishi Sunak announced a year ago that landlords would no longer need to meet the previous targets which were on a timeline of 2025 for new tenancies and 2028 for existing tenancies. But that was then, and this is now. The new government recommitted to the minimum C-rating target within weeks of coming to power. However, it has extended the deadline to 2030.
EPC rules are back; are your clients ready? | Mortgage Intermediaries | Aldermore Bank