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  • Property-a-holics

    EPC of Scial Housing vs PRS vs Owner Occupied

    This is a comparative graph I just hoicked out of the 2016 English Housing Survey following a comment buried on an old thread. It shows that even back in 2015, the Energy Efficiency levels of  Social Sector housing were that much better than PRS or OO that there were virtually no Band E or F properties left.in the sector.

    The EHS do the detailed energy assessment every few years, and I think this may be the most recent.

    Given that F&Gs have been knocked out of the PRS, I have been arguing that slum properties will now end up in the Owner Occupied sector with people who cannot afford to renovate properly, which is another Osborne created whirlwind we are about to reap.

    The driver for the SS improvement was a programme called The Decent Homes Programme (Parliamentary assessment in 2009-10) which will take up until about 2020 and end up costing around £20bn. ie do not believe those who argue that SS rents are not subsidised, unless they are using extremely creative definitions.

    The link is here and the table on page 35:

    https://assets.publishing.service.gov.uk...Report.pdf

    ML

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    That is because Gordon Brown in 2001 instituted DECENT HOMES STANDARD across SRS designed to get all social rentals up to good standard by 2010 - though it was 5 yrs later in the execution thereof.

    That meant that all homes ended up with new

    KITCHEN

    BATHROOM

    REWIRING

    DOUBLE GLAZING

    GCH - WITH CONDENSING BOILER IF NEW SYSTEM

    The EPCs for SRS are mainly the 2009 EPCs when it became mandatory


    They did not for example EPC every Council Flat in a large block - just did  a sample one and applied that to all others in the block .

    EPC REGISTER is online resource for all EPCs by postcode/house or flat number.

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    The 2009 EPCs will need re-doing next year as only valid 10 yrs - so 10 million rentals will be a bonanza for the sector. At say £50 a pop that alone is an extra half a billion on GDP.

    I do not see anything wrong with say FTBs snapping up some of the cheaper/older homes with F/G EPC ratings - as they can do them up over time as they can afford it

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    Though, a new epc is not required until the property is being let to a new tenant, so the renewals could be spread over a considerable period. I’ve just had all mine redone as they had expired , but only because i had a change of tenant in one flat, otherwise i’d have waited until one was actually needed then done them all.

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    Whilst I do not pretend to understand the HRA (Housing Revenue Account) I know that wealthier southern LAs did some process whereby they took on a larger share of debt in order to share in some central Govt finance to cover the Decent Homes upgrades.

    Some Council homes were upgraded with DG/CH back in the 1990s so were already EPC compliant with later directive outlawing the F/G grades

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