Landlords are set to be given an extra three years to meet the Government’s EPC rating targets, it has been reported.
It appears ministers have listened to lettings industry leaders warning that a deadline of 2025 was unrealistic.
Now, the deadline for new lettings to have a minimum C rating is going to be 2028, and this date will apply to all lettings, according to the Daily Telegraph.
Previously, it was reported that landlords will be forced out of the market, especially when faced with fines of up to £30,000 for non-compliance.
Trade body Propertymark and the NRLA suggested the 2025 target date was unworkable, and had lobbied the Government hard to make it later.
A maximum spend cap for landlords making improvements to properties is expected to be set at £10,000.
If you are a landlord or home owner and would like to know more information on how to improve your property EPC rating, Company Director Darren Howes is a qualified domestic assessor and is on hand to discuss all of your needs.
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