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.”

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