Question to the Department for Energy Security & Net Zero:
To ask the Secretary of State for Energy Security and Net Zero, how many privately rented properties in Wales are eligible for the property‑value adjustment exemption set out in the consultation response entitled Improving the energy performance of privately rented homes.
From 1 October 2030, private rented homes must meet the required standard of EPC C, or have a valid exemption registered, to be let. Government has committed to developing a property-value adjustment exemption for privately rented properties that are valued at less than £100,000. No properties are eligible for the property-value adjustment exemption until 1 October 2030.
Once the exemption is in place, private rented sector properties in Wales valued under £100,000 will be subject to a lower maximum spend requirement. Further guidance on exemptions will be published in due course.