Delightful Saturday reading seeing Landlords fume about having to spend money on upgrading homes to meet stricter energy efficiency requirements.
> If many owners follow suit, this risks an exodus of homes from the private rented sector, with knock-on cost pressures for tenants chasing fewer properties at higher rents and higher prices for compliant homes.
That’s one way to look at it, but considering that perfectly describes the state of the market as it is, I think they need a bit more thoughtful analysis than that of the effects of the policy.
The threat that prices will rise and renting become more of a struggle ignores the fact the the market as it has been operated by companies being allowed to regulate themselves has created exactly those conditions across the country.
They say this will add costs to the renters but having an energy efficient home will reduce cost of their energy bills.
Some of the heating systems in British housing is atrocious. It’s also better for the environment.
I can’t say landlords probably won’t be treated unfairly but it’s hard to be sympathetic. They should have a responsibility to make their properties energy efficient for their tenants.
So much pre 1945 housing in the UK is on its last legs. Crumbling brick, moisture laden and subject to haphazard repair over the years. The next twenty years will see a drastic change to the rows of old terraces that fill the land.
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Bypass paywall link:
https://archive.ph/OsIM0
Delightful Saturday reading seeing Landlords fume about having to spend money on upgrading homes to meet stricter energy efficiency requirements.
> If many owners follow suit, this risks an exodus of homes from the private rented sector, with knock-on cost pressures for tenants chasing fewer properties at higher rents and higher prices for compliant homes.
That’s one way to look at it, but considering that perfectly describes the state of the market as it is, I think they need a bit more thoughtful analysis than that of the effects of the policy.
The threat that prices will rise and renting become more of a struggle ignores the fact the the market as it has been operated by companies being allowed to regulate themselves has created exactly those conditions across the country.
They say this will add costs to the renters but having an energy efficient home will reduce cost of their energy bills.
Some of the heating systems in British housing is atrocious. It’s also better for the environment.
I can’t say landlords probably won’t be treated unfairly but it’s hard to be sympathetic. They should have a responsibility to make their properties energy efficient for their tenants.
So much pre 1945 housing in the UK is on its last legs. Crumbling brick, moisture laden and subject to haphazard repair over the years. The next twenty years will see a drastic change to the rows of old terraces that fill the land.