Millions of rental homes must meet stricter energy efficiency rules, with landlords facing a £15,000 bill to upgrade properties to a C-rated EPC by 2030. The government’s new policy aims to improve living standards and reduce energy costs, but the financial burden is raising concerns.
With 2.9 million rental homes still below the required standard, landlords must upgrade insulation, windows, and heating systems. The cost cap has increased to £15,000, significantly higher than anticipated. While grants like the Boiler Upgrade Scheme provide some help, the total cost to bring properties up to standard is estimated at £23.4 billion, far exceeding the government’s £6.6 billion contribution.
Many landlords may raise rents or sell properties rather than absorb the costs, exacerbating the already tight rental market. Experts suggest greater support is needed, such as tax breaks for energy-efficient improvements, expanded grants, and better green mortgage products, to help both landlords and tenants meet the new requirements by 2030.
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