As we wrote about last year, from 1st April 2018 landlords will be unable to grant a new tenancy if their property’s Energy Performance Certificate (EPC) does not show at least a rating of 'E' for energy efficiency. We strongly suggest you take a look at your property's rating to ensure it complies with the new law. All EPCs can be found via the online EPC Register.
EPCs have been a legal requirement for all rented properties since 2008. Each certificate last for 10 years and rates a property’s energy efficiency between A and G, with A being the highest rating possible. They show how efficiently a home uses energy, the cost of running a home and recommendations on how to improve the overall energy efficiency.
The law states you are unable to grant a new tenancy until a new EPC is produced demonstrating the property is sufficiently energy efficient. The current tenancy can continue until its end, but it cannot be renewed for a new fixed-term or periodically until the property is compliant.
Typically, properties with a low rating have one or more of the following characteristics;
You will not be able to serve a valid Section 21 Notice (which is required in order to legally terminate a tenancy) and you may have to pay a fine of up to £4,000.
If you're a landlord looking for a new EPC certificate, or just looking for advice regarding how to best improve the energy performance of your buy-to-let property, speak with the team at CPS Homes. Call us on 02920 668585, email: email@example.com, or pop into our Woodville Road branch in Cathays today.