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Energy efficiency is high on the agenda at the moment, with the Government proposing all rental properties must have an EPC rating of C or above by 2030.
The Government's push for higher energy efficiency in rented homes is about more than just regulation - it’s about creating homes that are cheaper to run, more comfortable to live in and better for the environment. With utility bills expected to rise in January due to the lifting of the energy cap, improving your property’s energy performance has never been more crucial.
However, recent studies have shown that two-thirds of private landlords do not currently meet the proposed standards. We’re proud to share that here at Paramount, 55 per cent of our rental properties already have an EPC rating of C or above, with many more currently undergoing work to achieve this in the near future - a testament to our commitment to sustainable living and staying ahead of industry regulation.
Why energy efficiency matters
The Energy Performance Certificate (EPC) measures a property’s energy efficiency on a scale from A (most efficient) to G (least efficient). In light of the proposed changes, upgrading properties now can ensure compliance and help attract eco-conscious residents who value lower energy bills.
During the EPC check, multiple factors are taken into consideration, including heating systems, insulation and the quality of doors and windows.
Homes that are more energy-efficient benefit from cheaper utility bills, less upkeep and a healthier return on investment, as well as contributing to a more sustainable future.
The benefits of Paramount’s refurbishment service
We understand the challenges our owners face in meeting these standards, which is where our comprehensive refurbishment service comes in! Our team specialises in making energy-efficient improvements, ensuring your property meets the required standards while enhancing its overall appeal.
Some of the key upgrades we focus on include:
- Insulation improvements: Adding or upgrading loft and wall insulation to reduce heat loss.
- Energy-efficient heating systems: Replacing outdated boilers with modern, energy-saving alternatives.
- Double or triple glazing: Improving window efficiency to minimise draughts and heat loss.
- Smart Technologies: Installing smart meters or thermostats to give residents more control over their energy use.
These upgrades not only ensure our properties meet the required standard but also result in significant long-term savings on utility costs - an important factor for residents as we approach January’s energy cap removal.
Why act now?
With energy prices on the rise, residents are increasingly prioritising homes that are affordable to heat and power. For owners, this means properties with a strong EPC rating are likely to rent faster and retain residents longer. By investing in energy efficiency now, you’ll be protecting your property’s future value while contributing to a greener community in West Hampstead and avoiding any repercussions if regulations change as planned. It’s also a great draw for residents, who will benefit from having a warmer, more comfortable and cheaper-to-run home.
Whether you’re looking to fully refurbish your property or simply need advice on where to start, our team is here to help.
With 55 per cent of our rental properties already achieving EPC rating C or above, we have the expertise and experience to help you join the growing number of compliant and energy-efficient homes in West Hampstead.
Contact us today to learn more about our refurbishment service and how we can help you future-proof your rental property.
