The government has proposed that from 2025 all newly let residential properties will have to have an EPC rating of C or better. Although that deadline is three years away, real estate experts are advising homeowners to act now due to the lack of skilled labor in the market, the rising cost of materials and the rising cost of construction. loan. Some lenders are incentivizing homeowners to make these renovations now by reducing borrowing rates for properties rated EPC C or above. The round table
With renovations costing tens of thousands of pounds to improve ratings, this will come at a high cost to property owners, especially those with a portfolio of multiple properties.
To help UK homeowners navigate this proposed legislation, brokerage Newable Finance is hosting an EPC Roundtable, which will take place on Wednesday, September 28, 2022 at 11:00 a.m. The panel will discuss how the government’s proposed new EPC rating legislation will affect the property market and how the panel can help landlords.
Brian Love, Head of Regional Brokerage, Newable Finance will moderate the hour-long panel, live on Zoom. Panelists include:
- Daniel Standing, Regional Development Manager, Shawbrook Bank
- Amanda Early, Senior Partner, Birketts LLP
- Alec Chohan, Principal Financial Broker, Newable Finance
- Aaron Lewis, Chief Operating Officer, CEC Energy
- Richard Kirby, RICS Registry Manager and Assessor, Anderson Wilde & Harris
Expect to discuss the new legislation and how it affects homeowners, the impact on property sales for homeowners, the steps homeowners can take to renovate their homes, and the upgrades that will have the most impact. Finally, the panel will discuss why owners should act now and not wait until 2024.
The one-hour virtual panel is free, but availability is limited. Places should be full, so it is advisable to register now to avoid disappointment >> Register here:
About Newable Finance
Newable Finance is part of Newable, a leading business support group whose mission is to help SMEs thrive. Newable provides support through the provision of services in three key areas: money, workspace and advice, helping over 43,000 businesses each year.
Newable Commercial Finance Limited trading as Newable Finance is registered in England and Wales. Registration number: 07474588. Newable Commercial Finance is authorized and regulated by the Financial Conduct Authority and is listed on the Financial Services Register FRN 723703 | Data protection number: Z6663758. Newable Commercial Finance is a financing broker and not a lender. All products offered by Newable Commercial Finance are not regulated by the Financial Conduct Authority.
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