Everest industry news
New laws to make energy efficient upgrades more appealing
15 April 2008
Landlords are advised to take steps to make their rental properties more environmentally friendly before new government regulations come into effect later this year.From October 1st, all homes listed to let must provide prospective tenants with an Energy Performance Certificate (EPC), in line with Home Information Packs for properties marketed for sale.
EPCs rate the environmental impact of a property and can be set in stone for up to ten years.
Obtaining a certificate from an accredited domestic energy assessor will cost landlords between £40 and £120.
The rating takes into consideration factors such as the cost and efficiency of heating, insulation, hot water, lighting and domestic appliances.
Homes with good ratings will stand out from the crowd and landlords are keenly urged to consider fuel efficient improvements, such as a new boiler or double glazing.
These upgrades can improve the energy efficiency of a property, helping to produce and retain heat more efficiently, reducing fuel bills and diminishing the home's carbon footprint.
Non-compliance with the new EPC regulations could see landlords hit with a £200 fine.
