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Cash help demanded for landlords to meet energy targets

Demands for ever-more energy efficient properties could drive landlords out of the sector, the government has been warned. In a response to a government consultation on the subject, the NRLA backs plans to reduce carbon in homes and improve energy efficiency in the sector but insists landlords will need support to achieve official targets.

The NRLA is now asking for a financial package for those landlords facing the biggest challenges. The government wants to introduce a minimum EPC of a C by 2025, but the NRLA worries that this could cost well above government estimates of £3,500 to £10,000 depending on circumstances.

John Stewart, deputy director for policy and research for the NRLA, says: “While we broadly support plans to improve energy efficiency in the nation’s housing stock, we believe the government needs to give more thought to the unique challenges faced by landlords. 

“Landlords in areas where property values are low and homes are older could decide to leave the sector altogether rather than fund expensive improvements. As lower property values correlate with lower rents this could have a disproportionate impact on more vulnerable tenants with fewer options when it comes to finding somewhere to live. 

“With this in mind, we believe that grant funding should be made available to help tackle these properties, keep tenants in their homes and maintain communities.” 

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