In 2015 Energy Efficiency Regulations were passed which set out Minimum Energy Efficiency Standards (MEES) for England and Wales.
If you are a private sector landlord you will probably be aware of the new regulation concerning EPC’s, Energy Performance Certificate, on all rental properties as from the 1 April 2018. As from this date all rental properties will have to have achieve a minimum energy performance rating of E, unless a property is exempt, please see below.
This new law will apply to all new rental agreements and renewals of tenancies from the 1 April 2018 and for existing tenancies as from 1 April 2020. Failure to adhere to these changes could result in a fine of up to £4,000. EPC’s should be no more than ten years old.
• Non self-contained flats, such as bedsits will not require an individual EPC
• Building protected because of being of special architectural historical merit – including listed buildings
• If a property doesn’t have an EPC due to the fact it is listed or in a conservation area
• If a building is temporary with less than two years planned use
• Residential buildings – such as holiday lets, which will be used less than four months of the year.
• Individual buildings with a total usable floor area of less than 50 square meters.
If you are a landlord it would be sensible to start some careful planning and preparations to help mitigate the impact of this new regulation.
If you would like to find out more about the changes coming into effect as from 1 April 2018 why not pop into Finch and Co or give our team a call on 020 89466511.