Over two-thirds of property professionals (71%) believe that valuers should reflect the Energy Performance Certificate (EPC) rating in value, depending on a property’s EPC rating, new research has found.
A webinar poll among 200 people, carried out by Countrywide Surveying Services, outlined that the majority (56%) of respondents would also suggest lenders should reflect the EPC rating in mortgage rates depending on the EPC rating.
Countrywide Surveying Services also found that six in 10 of respondents (59%) believed that the house buying public would pay more for an energy efficient property, while 41% thought they would not.
The responses emerged at Countrywide Surveying Services’ webinar series with this particular session focusing on a panel discussion around legacy and new stock.
Countrywide Surveying Services managing director, Matthew Cumber, said that awareness around the green mortgage market and energy efficiency is “clearly rising at pace”.
“With changes to the minimum energy ratings in the offing, it’s clear that surveyors, lenders, intermediaries, homeowners, landlords and potential buyers all need to be fully aware of the challenges and opportunities involved in moving to a low carbon built environment,” Cumber said.
“A variety of issues around EPC ratings will continue to be at the centre of many debates and it’s clear from the data that there’s a growing clamour for them to be taken into account when it comes to the valuation process and, to a lesser degree, mortgage rates. And this is a discussion which I expect to gather further momentum in H2 2021.”
Latest News
Perenna and the long-term fixed mortgage market
Content editor, Dan McGrath, spoke to head of product, proposition and distribution at Perenna, John Davison, to explore the long-term fixed mortgage market, the role that Perenna plays in this sector and the impact of the recent Autumn Budget
The role of the bridging market and technology usage in the industry
Content editor, Dan McGrath, sat down with chief operating officer at Black & White Bridging, Damien Druce, and head of development finance at Empire Global Finance, Pete Williams, to explore the role of the bridging sector, the role of AI across the industry and how the property market has fared in the Labour Government’s first year in office.
NEW BUILD IN FOCUS - NEW EPISODE OF THE MORTGAGE INSIDER PODCAST, OUT NOW
Figures from the National House-Building Council saw Q1 2025 register a 36% increase in new homes built across the UK compared with the same period last year, representing a striking development for the first-time buyer market. But with the higher cost of building, ongoing planning challenges and new and changing regulations, how sustainable is this growth? And what does it mean for brokers?
Does the North-South divide still exist in the UK housing market?
What do the most expensive parts of the country reveal about shifting demand? And why is the Manchester housing market now outperforming many southern counterparts?
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories