11 Oct

Rental homes failing to meet energy standards

Rental homes failing to meet energy standards

Research has found one in 20 rental properties in the UK do not meet the forthcoming energy standards.

A survey from insurance provider AXA concluded that some improvements have been made by landlords to improve the energy ratings of their properties before the legislation is introduced in April next year.

However, the low standards in many homes mean tenants are overpaying on household bills by an estimated £13 million per month.  

At present, one in 20 rented homes have an Energy Performance Certificate (EPC) rating of F or G even though it will be illegal to rent out homes rated F or below under a new tenancy agreement.

Tenants living in a Band A property pay an average of £61 per month for energy, while those in Bands F to G pay £112.

“Our study has found that landlords are making significant investments into improving the energy efficiency of their properties and this is part of a bigger trend,” said Gareth Howell, managing director of AXA Direct.

“When we look at our surveys of tenants and landlords over the past five years, we see progress across the board on security, maintenance and numbers with proper tenancy agreements in place,” he added.ADNFCR-1222-ID-801840831-ADNFCR

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