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Written question asked by Anneliese Dodds (Labour) on Monday, 21 October 2019, in the House of Commons. It was due for an answer on Thursday, 24 October 2019 (named day). It was answered by Kwasi Kwarteng (Conservative) on Thursday, 24 October 2019 on behalf of the Department for Business, Energy and Industrial Strategy.

Energy: Private Rented Housing

Question

To ask the Secretary of State for Business, Energy and Industrial Strategy, what discussions officials in her Department have had with representatives of (a) building societies, (b) banks and (c) other providers of credit on the provision of finance for landlords seeking to improve the energy performance of their properties up to minimum energy efficiency standard rating E or above.

Answer

Landlords of properties rated EPC F or G are required to organise their own finance to meet the costs bringing their property up to EPC E, subject to cost-effectiveness tests, or filing an exemption if one applies. Therefore, no specific discussions have been held with building societies or banks in relation to these landlord requirements.

However, the Green Finance Strategy, published in July this year, recognised the role of the financial sector in delivering our climate, environmental and energy efficiency objectives. The Strategy announced a package of measures to mobilise green finance for home energy efficiency, and officials have been in discussion with a range of finance institutions about these actions.

Secondary information

Type
Written question
Reference
2919
Session
2019-19
Transferred
Yes
Subjects
Conservation Finance Energy Landlords Private rented housing Standards
Link
View this Written question on www.parliament.uk