There is an upcoming ‘eco red tape’ this could mean for several people who could be buying properties that could potentially rapidly fall in value.
The government is setting net zero targets meaning buyers in the near future could be liable for thousands of money for energy efficiency upgrades.
Once these targets are introduced the value of homes with lower EPC ratings will immediately depreciate.
The problem with this is that there are a very low number of people that ask to see the EPC ratings of houses prior to buying.
Do you think the eco red tape is a good idea?