30 May 2025
Landlords could miss out on green mortgages due to expired EPCs
Paragon Bank shared results from a recent study which was undertaken where 57% out of 500 landlords had not arranged a new energy performance certificate (EPC) following upgrades designed to improve energy efficiency.
This means landlords will be missing out on ‘green’ mortgages which are typically available to homes that have EPC ratings of ‘A’ to ‘C’. Of those who had their properties checked for their energy efficiency following upgrades, almost a third (28%) had improved their EPC ratings. 14% reported that their EPC remained the same.
Other research by Pegasus Insight (on behalf of Paragon) where 900 landlords were surveyed showed that 60% owned at least one property with an EPC ‘D’ rating, while one in four have a property rated ‘E’, ‘F’ or ‘G’.
According to the National Residential Landlords Association (NRLA), 73% of landlords were concerned about the 2030 EPC target for their current properties.
Source: Mortgage Introducer
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