Labour’s commitment to a ‘greener’ housing market is set to further impact landlords

29% of landlords believe that the new EPC targets are only realistic with government support

The average cost of upgrading a buy-to-let property to an EPC rating of C or above in England is £7,396

Rightmove estimates that 2.9 million properties need to be improved under government proposals for rental homes to reach a minimum EPC rating of C by 2030.

When it comes to property hunting, almost 1 in 5 will specifically look out for what the EPC rating is.

Landlords are required to ensure their properties have an EPC rating of C or above by the end of the decade.

The lender also offers a £1,000 cashback incentive to landlord borrowers who improve the EPC level of their property to a C or above.

The Government aims to boost minimum energy efficiency standards for rental properties, bringing all homes up to a decent standard by 2030.

Less than half of private rented properties in England have an EPC rating of C or above.

Fleet has cut rates by 20 basis points on its existing five-year fixed rate products with a 3% fee.