High number of tenants looking to move

Rightmove’s third Greener Homes Report found half (50%) of landlords say they are concerned about potential financial penalties if rental properties fail to meet EPC C standards by 2030.

A green wealth divide has emerged – analysing EPCs created over the past year found 50% of £1 million plus properties had significantly improved their rating since their previous EPC, compared with only 32% of properties worth under £400,000. The majority (72%) of people would be willing to change how and when they use energy if it meant they could access cheaper energy rates at different times of the day. Some landlords are bracing themselves for a potential Capital Gains Tax rise in the Autumn Budget, and the challenge of complying with upcoming changes to EPC regulations confirmed by the new government, with every rental property needing a minimum EPC C rating by 2030. Rightmove is asking the government to consider support for landlords which in turn will benefit tenants, and more mass market help for homeowners of lower value homes.