Paragon’s managing director John Heron said: “Strong tenant demand has been pushing up rents, allowing landlords to achieve better yields than they’ve seen for more than two years.”
National Approved Letting Scheme’s chair Caroline Pickering said “An EPC provides the tenant with a clear indication of the energy efficiency of their accommodation which can only be a selling point for prospective tenants. It is a ‘win-win’ situation for tenants, landlords and lettings agents.”
Jonathan Moore, Head of Marketing at Mortgages for Business said: “There is currently an oversupply of new-build apartments, particularly in city centres, leading to concerns over property valuation and achievable rents. This has meant already cautious lenders are increasingly refusing to lend to this property type.”
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