Change is coming to EPC’s
An EPC or Energy Performance Certifcate is an integral part when deciding to market your property for sale or let. From 1st April 2018 change is coming in the rental market, any property that is rented out in the private sector will be required to have a minimum energy performance rating of E. This is the light orange banding, 39-54. These new regulations will come into force for all new lets as well as renewals of tenancies with effect from 1st April 2018 and for all existing tenancies on 1st April 2020.
This new requirement will mean that for landlords it will be unlawful to rent a property that is rated less than E, unless there is an applicable exemption.
What happens if your property does not comply?
A civil penalty of up to £4,000 will be imposed for breaches.
Are you exempt?
The only properties that are exempt from the new regulations are:
• Buildings and monuments officially protected as part of a designated environment, this includes listed buildings
• Temporary buildings with a planned timed use of 2 years or less.
• Residential buildings which are intended to be used less than 4 months of the year.
• Stand-alone buildings with a total usable floor area of less than 50 square meters.