Expat Property Story

The Ticking Time Bomb of EPCs in UK Property

The Expat Property Guy Season 8 Episode 223

#223

EPC knowledge represents the ultimate difference between UK  property survival or total business collapse.

Understanding the changes to Energy Performance Certificates is absolutely critical.

EPCs are actually a bigger deal than the renters rights bill. 

Make sure you listen to the end of the show  for the actions you need to take to make sure you’re not caught out.

And, for the opportunites that all of this could create.

This episode leans heavily on content from The Independent Landlord's website and YouTube

In this episode:

  1. EPC Changes Looming: All rental properties to achieve a minimum C by 2030 (2028 for new tenancies).
  2. Massive Financial Impact: The collective cost to landlords for meeting these new EPC requirements is estimated at £36 billion (upgrade costs capped at £15,000 per property)
  3. Flaws in the Current EPC System: The present system criticized for its subjectivity and questionable accuracy, prompting a complete overhaul of assessment methodology from 2026.
  4. Shift from Cost to Carbon: EPC assessments will transition from being based on energy cost to focusing on fabric performance, heating system efficiency, and “smart readiness,” aligned with the UK’s net zero emissions goal by 2050.
  5. Shortage of Skilled Tradespeople: shortage estimated at 500,000 over the next 5 years, potentially rising retrofit costs.
  6. Limited Exemptions and Grants: While listed buildings are exempt, grants like the Energy Company Obligation and Warmer Homes Scheme are available, subject to strict eligibility criteria.
  7. Advice for Landlords: Landlords should get new EPCs for high Cs  before 2026, focus on fabric upgrades (insulation / windows). Avoid major changes eg new boilers until regulations clearer.
  8. Increasing Professionalisation:  “Accidental” landlords encouraged  to exit  paving the way for larger or more professional investors.
  9. Opportunities Amid Challenges: Professional, forward-thinking landlords who invest in compliance and improvements may benefit from less competition.
  10. Practical Action Steps

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