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Patrick's Property Politics

'C' How You Like It MPs?

Monday 7th October 2024

By Patrick Bullick

How many of the 403 lovely Labour MPs own their own homes?

No statistics on this topic that I can find but I am prepared to bet it is over 80%.

How many have bothered to have their homes EPC rated?

If they do, they will find about 60% of them are under a C rating.

When they look at the cost of upgrading their own home to a C, as is being required of all landlords by 2030 they will discover on average it is £10,000- £30,000, and believe me, a lot more on some Victorian and Georgian London properties.

Have any of those MPs made these expensive changes?

Few I suspect - unless Lord Alli pays.

Yet - under the pretext of raising standards for tenants against those evil landlords, these MPs are merrily pushing for all rental properties to be brought up to an EPC standard of C by 2030.

So, tenants will be better off than homeowners who are not required to do the same.

Or will they?

NO. Of course not…

The costs of bringing rental properties up to C is another nail in the coffin for private landlords, who are already leaving the market in droves because of the punitive tax regime and the Renters ‘Wrongs’ Bill.

Rents are rising as a direct consequence.

I propose a Tory MP submit an amendment to the Bill as it goes through Parliament to insist that MPs who vote for it must raise their own homes to EPC C by 2030 AND that they are not allowed to ask Lord Alli to pay.

These Labour MPs need to look themselves in the mirror, that might make them ‘C’ sense.

Until next time…….

PB

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