Is the property market facing a ticking time bomb? – This is Money

Owners of energy inefficient homes may find themselves the proprietors of unsellable and unlettable properties just over seven years from now.

The Climate Change Committee, which is advising the UK government on how to achieve its net zero carbon emissions target by 2050, has recommended that all homes should have an Energy Performance Certificate rating of C from 2028.

The CCC says that improving the energy efficiency of UK homes, responsible for about 15 per cent of UK greenhouse gas emission, is key to enabling the government to achieve its target. 

UK homes are responsible for about 15 per cent of UK greenhouse gas emissions.

EPC is a rating scheme which bands properties between A and G, with an A rating being the most efficient and G being the least efficient.

There are currently about 29 million homes in the UK, of which

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