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Less than 25% of properties above-average for Energy Performance
From Phillip James Letting Agents in Worthing.
Recent research from Halifax has shown that less than a quarter of properties have an ‘above average’ energy efficiency rating.
Energy Performance Certificates (EPCs) are now required for all property being rented. An Energy Performance Certificate lasts for 10 years. To order your EPC, call Phillip James Letting Agents in Worthing on 01903 286990.
Properties are rated from A to G, with A being the most energy efficient and G being the least. Of the properties surveyed by Halifax, only 23% fell in the bands above D. 21% were rated in the C band, and 2% were rated in the B band. None of the properties surveyed acheived an A rating. 42% of properties were rated in the ‘average’ D band. Only 3% of homes appear in the lowest band G.
Nitesh Patel, housing economist at Halifax, said: “The overwhelming majority of homes have an energy efficiency rating that is either average or below average. Many homes could move into a higher energy efficiency band through simple energy saving measures such as the better insulation of lofts and external walls.
“Higher energy ratings mean lower fuel bills, which is an important consideration for many homeowners over the coming winter months, particularly in the current harsh economic climate. Separate research indicates that fuel efficiency and energy saving measures, such as loft and cavity wall insulation, can add more to the value of your home than other improvements.”
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Sadly although a better energy tating means lower bills this does not fall under the responsibility of landlords and therefore they are reluctant to invest in inproving the rating of rental properties.