Energy efficiency legislation could lead to rent hikes
New energy efficiency laws for the private rental sector could lead to rent hikes, as landlords forced to carry out energy efficiency improvements pass on the costs to their tenants, the Residential Landlords Association (RLA) has recently warned.
Under current legislation, from 2018, it will be illegal for private landlords to rent out properties with ‘F’ and ‘G’ energy efficiency ratings. But because almost a third of the private rental housing stock was constructed before 1919, they are expensive to make energy efficient, which means that landlords could have to pay up to £5,000 for improvements.
The RLA is calling for the scheme to support improvements in the private rental sector and avoid the “tax on tenants”.
Policy Consultant at the RLA, Richard Jones, says: “Whilst we all want to see improvements in the energy efficiency of homes to rent, that cannot come at the expense of driving up rents. The Government’s proposals will amount simply to another tax on tenants.”
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