Renters right Bill.

slpj

Hi thank you.

I agree it does say that, and goes on to say,

"d) It provides a reasonable degree of thermal comfort

4.6 This criterion requires dwellings to have both effective insulation and efficient heating."

Loft insulation isn't considered sufficient, and that means cavity wall insulation, which isn't as cheap as some think for old properties, or even desirable because their cavitities were designed to remain empty. Filling them causes damp internal walls.

We have to wait for the results of the consultations. The 2006 standard will only become more stringent, not less.

But I hope you are right, and at least then I'll be ok with the kitchen and bathroom, if not the EPC level C.

ReadySteadyPop

Mr.Generous said:

Lots of landlords are going to sell when current tenants leave. RRB will become law, probably go live around Oct / November this year. Because of capital gains tax many landlords will only sell 1 per year, but look to offload any with a low energy performance certificate sooner rather than later. Government announced today looking at stopping universal credit payments (for tenants in arrears) going direct to landlord. The private sector rental market is changing, landlords won't take a chance any more. No more up front payments for those who can't pass the financial checks, much more likely that a guarantor will be required.

The demand for rentals is steadily rising, the supply is going to drop with the exception of corporate build to rent - they will be expensive and take the best tenants, and HMO's for those who struggle. Landlords in between will see rents rising and tenants desperate to stay if in place, or desperate to get a place if not.

That's my view. I follow quite a few landlords online and many are selling up, but I personally know 3 other landlords plus myself making 4. One is selling up, none plan to buy any more.

Before the energy performance rules come into force 2030 many more will sell, I will offload 1 old terrace but keep the remaining houses as all will easily reach EPC grade C. Youmight see a bigger fall in supply in 2028/2029 because of the time frame to get evictions, and the inevitable drop in price for typical ex-rental homes.

Most recent landlords won`t be able to sell without deep price cuts, borrowing costs have risen a LOT since they bought, and as we seem to be entering a recessionary period with jobs harder to find I think demand for rental and actual rents will be falling, maybe quite hard, in future.