Editor's note: This brief was summarised by The Property AI Newsroom from a report by Property118. Read the original article for full details.
Government Responds to EPC Target Concerns
The government has stated that proposed Energy Performance Certificate (EPC) targets are not the only factor influencing rent increases in the private rented sector. This clarification comes after scrutiny over whether new Minimum Energy Efficiency Standards (MEES) could be contributing to rising rents.
Green MP Hannah Spencer raised a written parliamentary question, asking what assessment the government has made regarding the impact of new MEES in the private rented sector on private rent inflation. In response, the government claimed that rent prices are affected by a range of factors, not solely by the proposed EPC targets.
This development is relevant for UK letting agents and inventory clerks, as ongoing discussions about EPC requirements and MEES continue to shape the regulatory landscape for private landlords and tenants. The government's position suggests that while energy efficiency standards are under review, they are not being singled out as the main driver of rent increases.
Source: Property118