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Saturday 17 December 2016

Energy efficiency regulations – 8% of Oxford rented homes unrentable by 2018?


Around one in 12 properties Nationally that are currently available to rent could become unrentable if the Government’s energy efficiency plans go ahead according to Quick Move Now.

In Oxford, 8% of rented properties equates to around 1,400 homes. According to the Royal Institute of Chartered Surveyors a figure close to 18,000 more people will require rented property over the coming 7 years which equates to a requirement for a further 7,400 homes.  If 8% of the current stock is unrentable the need for new rented housing increases to 8,800 - at least until those homes with a poor energy rating can be brought up to standard i.e.  a minimum rating of E on the energy performance rating.

Oxford City Council is offering landlords free energy performance audit to landlords.  Anyone uncertain about whether they will be compliant with forthcoming rules should take up this offer so they have time to undertake the necessary works to bring their property above the minimum E rating.

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