The research shows that landlords estimate they will face an average of £10,400 per property with a rating of C or below, to ensure they are up to standard. 71% of landlords will pay for upgrades from existing savings, 25% will use Government funding, 23% will raise monthly rents and 11% will seek advice from their mortgage lender. Just 18% of landlords claimed they were unaware of the upcoming EPC changes. The majority, 62%, are aware and understand the changes fully. Understandably, this will deter landlords from buying properties with an EPC rating of D or below, with 65% saying they would be less likely to purchase such a property now.
Earlier this month, Aldermore launched a new residential range and cut rates across its existing products. from CMB https://commercial-mortgages-broker.co.uk/buy-to-let-news/aldermore-research-shows-majority-of-landlords-aware-of-epc-changes/ from https://commercialmortgages2.tumblr.com/post/674912048739713024
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