A company based in Wales has launched a first-of-a-kind service that helps landlords work out how to most cost-effectively raise a property’s performance to EPC Band C.
Vibrant says its EPC Plus service is offered alongside the mandatory EPC that every rental property must undergo every ten years.
Each bespoke report produced by Vibrant as part of the EPC Plus service details the current and potential EPC rating, how it compares with the average for the area, the CO2 produced by the property each year and the CO2 savings that could be achieved.
The report itself has been designed to be simple to understand, with clear and concise advice on what upgrades and improvements are recommended, as well as information on multiple sources of funding that may be available.
Services like are ‘nice to have’ but the government’s proposals to force all landlords to bring their properties up to a Band C by 2025 for new tenancies and the remainder by 2028 will make it a pressing and expensive issue for millions of landlords very soon.
These proposals as they currently stand will impact an estimated 3.2 million landlords whose properties have an EPC rating of D or below.
“The increased attention on improving the performance of the UK housing stock means that in the coming years landlords will be under greater pressure to make improvements that will bring down energy usage,” says Daniel Kittow, MD of Vibrant.
“Our EPC Plus Service will provide them with a complete overview of the current performance alongside clear and targeted recommendations, allowing proactive improvement and management of each property.”