Rob discusses the challenges landlords face regarding eco-upgrades and Energy Performance Certificate (EPC) ratings, particularly in light of the Labour government's mandate for a minimum EPC rating of C by 2030. The episode highlights a recent article from The Telegraph, which claims that landlords may not recoup their investments in costly green upgrades. Rob focusses on the lack of correlation between improved EPC ratings and increased property values, making it a risky investment for landlords.
KEY TAKEAWAYS
BEST MOMENTS
"Landlords are not going to get their money back if they've done costly eco-upgrades."
"There is no hard data to suggest that a higher EPC rating leads to a higher value of the property."
"Turning down the thermostat isn't going to increase your EPC rating."
"If you have a chimney that's open and you don't have a working fire, then draft proofing the chimney... will actually improve the EPC rating."
"Landlords are between a rock and a hard place at the moment."
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