Friday, September 29, 2023
Get in touch
YBS Commercial simplifies buy-to-let valuations
Capitalrise complete £6.5m development loan for luxury dwelling in Mayfair
Atom bank cuts commercial mortgage rates
Cynergy Bank is providing funding for residential landlords to support them in making vital improvements to their rental properties to ensure they are compliant with proposed new government legislation.
The changes mean that from 2025 all newly rented properties will require a minimum EPC (Energy Performance Certificate) rating of ‘C’ – up from ‘E’. The same rules will apply to existing tenancies from 2028. For properties without a Valid EPC, the fines could increase to £30,000 up from £5,000.
Cynergy's EPC Property Improvement Loan is a further advance on existing term loans to allow for upgrades and improvements to enhance the energy efficiency of property portfolios.
The ECP C+ Term Loan is for landlords who want to reduce their impact on the environment by investing in energy efficient homes. Cynergy Bank will provide a property investment term loan with incentives for properties with EPC rating of A, B or C.
Call Trinity Specialist Finance to secure funding on 020 7016 6151 or book a consultation
Share on:
Aaron has been quoted in
