The government introduced the Renters' Reform Bill to parliament on 17 May 2023. The proposed reforms commit to 'bring better deals for renters' and marks 'the biggest shake-up of the private rented sector in 30 years', the idea is to level up housing quality.
The government’s proposal for all rental properties to have a minimum Energy Performance Certificate (EPC) rating of C by 2025 will add pressure to those already faced by landlords and may lead to many exiting the sector.
A growing number of homebuyers are adapting to the ongoing cost of living crisis and rising energy bills by looking for more cost effective, energy-efficient properties to help cut future expenses and protect the environment.
