The Government must use ‘carrot’ as well as ‘stick’ policies as it attempts to improve the energy efficiency of the private rented sector, a leading mortgage broker as claimed.
Fewer landlords plan to make energy efficiency improvements since the government’s U-turn on raising EPC targets.
British Gas has urged the government to consider a raft of measures aimed at helping landlords increase energy efficiency, including Green Upgrade Relief which lets them deduct green improvements from their annual income.
Radical new proposals for energy efficiency in the private rented sector could see landlords fined up to £30,000 for not improving their properties and tenants given the ability to claim compensation. The Governments consultation on its energy efficiency regulations sets out