Rob discusses the potential benefits of green retrofitting for landlords, as highlighted in a recent article from the Evening Standard, highlighting findings from a survey by Mortgage Works, revealing that energy-efficient properties can command significant price premiums and rental boosts. However, Rob raises concerns about the lack of comprehensive data and the cost-benefit analysis of improving Energy Performance Certificate (EPC) ratings, arguing that while moving from a D to a C rating may be straightforward and cost-effective, achieving higher ratings like A or B can be challenging and expensive, often negating the financial benefits.
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"According to the Evening Standard, green retrofitting can improve property values and rental yields for landlords."
"If you have a more energy efficient buy-to-let property, i.e. with a rating of A or B, then this could attract a price premium of 10.9%."
"I would argue that getting up to a C rating is probably quite straightforward and probably quite cost-effective."
"To me, the economics just do not make sense whatsoever."
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