January 18, 2018
EPC – Changes you need to know about!
As from the 1st April 2018 there will be a requirement for any properties rented out in the private rented sector to normally have a minimum energy performance rating of E on an Energy Performance Certificate (EPC). The regulations will come into force for new lets and renewals of tenancies with effect from 1st April 2018 and for all existing tenancies on 1st April 2020. It will be unlawful to rent a property which breaches the requirement for a minimum E rating, unless there is an applicable exemption. A civil penalty of up to £4,000 will be imposed for breaches.
Acceptable exemptions include an instance where the rating cannot be improved (as stated on the EPC), in listed buildings or if the work required to improve the rating exceeds £2,500. In order to comply the property must be registered on the exemption database.
For most landlords this will mean that they will no longer be able to rent out a property with a rating of F or G after April 1st 2018. If you benefit from our Managed Service and your property falls into the F or G category you will be contacted in the coming weeks so we can discuss how to improve your rating, to ensure it meets the new guidelines.
EPC’s were introduced into the Lettings Industry on the 1st August 2007 and are valid for 10 years. Therefore if you purchased an EPC in 2007 or 2008 and are now reaching the 10 year anniversary you will be required to have a new EPC carried out when re-letting the property or renewing the current tenancy. Again, if you benefit from our Managed Service we shall let you know as and when a new EPC is required.