The Residential Landlords Association (RLA) have welcomed the Government’s decision to moderate the amount it expects landlords to pay for energy efficiency improvements to bring their rental properties up to a minimum EPC Rating of E. The requirements come into force from April 2018 for new lets and renewals and for all residential lets from 2020.
Original Government proposals were that landlords would be required to pay up to £5,000 per property upfront to meet new energy efficiency standards. However, in a new consultation, Ministers have followed the recommendations of the RLA and reduced the limit to £2,500.
RLA Policy Consultant, Richard Jones, said “The Government has clearly listened to the RLA and cut in half the original cap on how much landlords would be expected to pay for energy efficiency improvements. This is welcome news for tenants as it will mean costs being kept down.”