Editor's note: This brief was summarised by The Property AI Newsroom from a report by Property118. Read the original article for full details.
Rising Energy Costs Increase Demand for Homes with High EPC Ratings
Rising energy bills are making Energy Performance Certificate (EPC) ratings a more significant factor for buyers and tenants, according to a property portal. Data from Rightmove indicates that the latest energy price cap increase could add up to £591 a year to bills for households in the lowest EPC-rated homes.
With energy costs continuing to rise, EPC ratings are becoming increasingly important in the UK property market. The report highlights that both buyers and tenants are paying closer attention to the energy efficiency of homes, as reflected in their EPC ratings.
For letting agents and inventory clerks, this trend underscores the growing relevance of EPC information during property marketing and tenancy management. The data from Rightmove suggests that properties with higher EPC ratings may become more attractive to prospective tenants and buyers, particularly as energy price caps impact household budgets.
Source: Property118