CSS: 71% of property professionals think EPC ratings should be reflected in value

4 August 2021

More than two-thirds (71%) of property professionals believe valuers should reflect Energy Performance Certificate (EPC) ratings, according to a webinar poll carried out by Countrywide Surveying Services (CSS).

Almost 200 people actively engaged with the session, with the audience consisting of lenders, brokers, surveyors and other property professionals.

When asked whether lenders should reflect EPC ratings in mortgage rates, 56% said yes, with 44% saying no.

Six in 10 (59%) believed that the house buying public would pay more for an energy efficient property, while 41% thought they would not.

In addition, when asked who should fund retrospectively required energy efficient measures, only 3% suggested that the public should foot the bill, 24% implied it was the government’s responsibility with 73% highlighting that it should be a mix of public and government funding.

Read more here: https://www.mortgageintroducer.com/css-71-epc-ratings-reflected-value/

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