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
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
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.