Landlords with F or G rated properties are struggling to afford to bring their property up to at least an E rating. The report argues that tax reform would improve property conditions by allowing improvements to be tax deductible against income tax, rather than Capital Gains Tax.
The energy efficiency standards of the private rented sector have come under greater scrutiny over the past three years, with new regulations coming into force in April 2018. This means that no property can be let for a new tenancy if it is below an E EPC rating. This report builds upon our previous quarterly reports on the private rented sector and provides the opportunity for a deeper understanding of the issues facing private landlords, tenants and the wider sector.