"We want to ensure they have a deep understanding of what could be coming and how it may affect their landlords."
- Roger Morris
CHL Mortgages for Intermediaries is hosting a free webinar aimed at brokers looking for guidance about proposals to raise minimum energy efficiency standards in rental properties.
Registration for the 'Buy to Let: The Cost of Landlords Going Green' webinar, which will be held on Thursday 5 December between 10am and 11am, is now open.
Hosted by industry expert Roger Morris and featuring analysis by Simon Read, director of strategic development at CHL Mortgages for Intermediaries, the webinar will focus on proposals that all private and social rented homes should hold a minimum energy performance certificate (EPC) rating of C by 2030.
The webinar will cover subjects including:
• Impact on Victorian properties: Understand why Victorian properties, with their unique challenges, could be the most affected. The webinar will explore specific upgrades needed, the costs involved and what this could mean for landlords’ profitability.
• Costs and financial viability: Delve into the financial implications of upgrading buy-to-let properties to meet the proposed standards, including capital expenses, regional inequalities and the long-term impact on rentability and mortgage refinancing.
• Awaab’s Law and Renters Reform Bill: Find out about the implications of Awaab’s Law and how new regulations regarding damp, mould and the Decent Homes Standard will affect landlords’ obligations to their tenants.
• Lender and market challenges: Examine how lenders could adjust their buy-to-let mortgage products in response to EPC regulations, including potential restrictions on loan to value ratios and refinancing options.
The webinar is the latest in a series of recent sessions organised by CHL Mortgages which have included weekly buy-to-let masterclasses and an Autumn Budget Debrief.
Roger Morris said: “This session is about raising awareness among mortgage brokers so they can be informed subject matter experts. We want to ensure they have a deep understanding of what could be coming and how it may affect their landlords.
“We’ll take the audience through a carefully structured journey to fully understand the government’s current considerations regarding the legal requirements for renting out buy-to-let properties, particularly in relation to EPC ratings and energy efficiency standards.”
