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A requirement to have an EPC rating of C is prompting Landlords to sell up in the UK. According the Wikipedia the average home in the UK is a D rating.
Double glazing is on the list of what can be done to get a C rating. This explanation is really good (see link below) - it says if your property is G-rated (and many are due to their age) and needs to get to C then you'll need to be spending £750 per month.
The average rent is just £470 per month, so that is a shortfall of £280 (before other outgoings are considered) - no wonder they want out.
What is also interesting is if your property has a high EPC, the mortgagee can get a better interest rate!
cheers,
Donna
Double glazing is on the list of what can be done to get a C rating. This explanation is really good (see link below) - it says if your property is G-rated (and many are due to their age) and needs to get to C then you'll need to be spending £750 per month.
The average rent is just £470 per month, so that is a shortfall of £280 (before other outgoings are considered) - no wonder they want out.
What is also interesting is if your property has a high EPC, the mortgagee can get a better interest rate!
cheers,
Donna