Editor's note: This brief was summarised by The Property AI Team from a report by Letting Agent Today. Read the original article for full details.
Call for Private Rental Sector to Accelerate EPC Improvements
A property finance expert is urging the private rental sector to speed up retrofitting efforts. The call comes as the UK Government’s Minimum Energy Efficiency Standards (MEES) will require all private rental properties in England and Wales to achieve an EPC rating of at least C by October 2030.
Currently, the legal minimum EPC rating is E, meaning most rental properties are compliant for now. However, this will change with the upcoming 2030 deadline, making it important for letting agents and inventory clerks to be aware of the new requirements.
Source: Letting Agent Today