EG Property Podcasts Voice of the Region Live: West Midlands – Uneasy as EPC
Forthcoming EPC rules are undeliverable and will need to be rethought, according to Siddall Jones founder and director Ed Siddall-Jones in the latest Voice of the Region podcast.
Speaking in front of a live audience in Birmingham at EG’s Birds Eye View West Midlands event, Siddall-Jones said the current directive to bring all office stock up to a minimum EPC Grade B by 2030 would prove prohibitively expensive for most landlords as rental returns would not justify the investment. He also said ESG is no longer the preserve of larger corporates, with smaller companies already finding it hard to raise finance from banks if EPCs are not at specific levels.
Siddall Jones leads the way in the Radius On Demand Rankings for the West Midlands region in terms of deals numbers, with 174 lettings and occupational sales completed in the last 12 months.