Propertymark Respond to PRS energy efficiency consultation
UK estate agency trade body, Propertymark, has submitted its response to the government's consultation on Minimum Energy Efficiency Standards (MEES) for the domestic private rented sector (PRS). The proposed regulations aim to require all rented homes to achieve a minimum Energy Performance Certificate (EPC) rating of C by 2030. While the organisation supports the goal of improving energy efficiency, it has raised several concerns regarding the feasibility and implementation of these standards.
Key Concerns and Recommendations
Affordability and Financial Support
Propertymark emphasises the need for substantial financial support to assist landlords in meeting the new standards, suggesting that the government should provide grants, interest-free loans, and tax incentives to help landlords cover the costs of necessary upgrades. Without such support, Propertymark warns that many landlords may struggle to comply with the regulations, potentially leading to increased rents or reduced availability of rental properties.
Realistic Timelines and Cost Caps
The proposed timeline for achieving EPC C ratings by 2030 is viewed by Propertymark as ambitious, particularly for older properties that may require significant investment to upgrade. The body advocates for a more flexible approach, allowing landlords adequate time to make improvements without incurring excessive costs. Additionally, Propertymark would like to see cost caps that reflect the varying property values across different regions, ensuring that the financial burden is manageable for all landlords.
Diverse Property Types and Exemptions
Recognising the diversity of properties within the private rented sector, Propertymark urges the government to adopt a tailored approach that considers the age, condition, and construction type of each property. This would involve developing specific guidelines and support mechanisms for different property archetypes, rather than applying a one-size-fits-all policy. Furthermore, Propertymark recommends establishing clear exemptions for properties where upgrades are not feasible due to structural constraints or heritage considerations.
Enforcement and Local Authority Capacity
While supporting the introduction of a Property Compliance and Exemptions Database, Propertymark expresses concerns about the capacity of local authorities to enforce the new standards effectively. The organisation suggests that the government should ensure adequate resources and training for local authorities to carry out enforcement duties without compromising other essential services.
Timothy Douglas, Head of Policy and Campaigns at Propertymark said; “Propertymark wants to see more energy efficient homes, but the targets must be realistic and achievable. We have long said that the UK Government must do more to understand the finances of landlords and introduce measures that take into account the diverse nature of property types across England and Wales in the private rented sector. The timescales for implementing these changes will be key with recent legislative change in Wales and new proposals via the Renters’ Rights Bill in England. “We look forward to continuing to engage with the UK Government on this issue, but it is vital that EPC reforms are clarified first and given time to bed-in, until we have sufficient numbers of skilled tradespeople in the market to carry out upgrades, and so that policymakers recognise the huge costs in doing works particularly the impact on landlords with lower value properties.”
A question of balancing ambition and practicality
Propertymark's response to the consultation underscores the importance of balancing ambitious energy efficiency goals with practical considerations for landlords. The organisation advocates for a supportive and flexible approach that provides clear guidance, adequate financial assistance, and realistic timelines to ensure the successful implementation of MEES in the private rented sector. By addressing these concerns, Propertymark believes that the government can achieve its objectives of reducing carbon emissions and improving living conditions for tenants without imposing undue burdens on landlords.
Source: Propertymark
Why Choose Fuller Gilbert?
With a passion for property & a commitment to delivering exceptional service, Fuller Gilbert & Company estate agent provides a comprehensive property sales, lettings and management service, with emphasis on quality, transparency and customer satisfaction.Whether you’re buying, selling, renting or investing, Fuller Gilbert combines in-depth local knowledge with a tailored approach to ensure every transaction is smooth and successful.
Get in touch
For more information about Fuller Gilbert & Company, or to discuss your property requirements, Please call 020 7581 0154, email: info@fullergilbert.co.uk or send a message via the contact form on our contact page.
