Welsh MPs have sounded a warning that ambitious energy efficiency targets could lead to higher rents for tenants as landlords face significant costs in upgrading their properties. The government's plan requires all privately rented homes in England and Wales to achieve an Energy Performance Certificate (EPC) rating of C by 2030, aiming to cut energy consumption and tackle fuel poverty.
Concerns have been raised about the impact on tenants, with Plaid Cymru MP Leticia Gonzalez highlighting fears that landlords may pass on costs through higher rents. She has urged the Welsh Government to collaborate with the UK Government to clarify how landlords can fund upgrades without exacerbating Wales' rental crisis.
Welsh Local Government Minister Siân Gwenllian acknowledged concerns, stating discussions are underway with her UK counterpart. She stressed the importance of improving energy efficiency but emphasised that the process must be practical for landlords and tenants alike, particularly those who may struggle to understand their new obligations.
The National Residential Landlords Association (NRLA) has warned that many landlords might sell properties rather than invest in expensive retrofitting. Chief Policy Officer Chris Norris cited the complexity of work required, a shortage of skilled tradespeople, and the varying age and condition of housing stock as major barriers. He warned this could intensify the existing housing supply crisis.