Refurbishment key to bringing rented homes up to standard by 2030 - Octane Capital

£19.9bn bill looms for EPC C for PRS despite deadline extension

Despite the Government’s extension of the EPC C rating deadline to 2030, billions of pounds of refurbishment investment will still be required to bring England’s private rented homes up to standard, according to Octane Capital boss Jonathan Samuels (pictured). Analysis by the specialist lender shows that 50.1% of privately rented homes in England currently sit below the Government’s minimum EPC C threshold. That equates to an estimated 2.48 mill…

Upgrading private rentals to EPC C estimated to cost £19.9bn by 2030

Upgrading private rentals to EPC C estimated to cost £19.9bn by 2030 - Breaking news for estate agents and the residential property industry. Independent, unbiased, and factual reporting. A forum for discussion and debate of topics of the day. Subscribe for our free daily newsletter.

Refurbishment key to bringing rented homes up to standard by 2030 - Octane Capital

Refurbishment is key to bringing England’s privately rented homes up to energy performance certificate (EPC) C by 2030, according to Jonathan Samuels, CEO of Octane Capital. Octane Capital analysed Government data and found that 50.1% of privately rented homes in England sit below an EPC C rating.  This means 2,479,757 properties need upgrading.  At a typical cost of £8,017 per home, the total investment required stands at £19.9bn. London will n…