Act now to avoid problems later
IT may seem a while off yet, but as of April 1, 2018, landlords across England and Wales will be banned from letting out property which has an energy rating of F and below. These new regulations are set to cut energy bills and lower carbon emissions and the Government claims that this will apply to almost 10 per cent of the estimated 4.2 million private rented home in England and Wales.
Landlords of properties which currently have an EPC rating of F and G will be obliged to upgrade the energy efficiency to a minimum of E by April 1, 2018, or face being prohibited to let them until the upgrade is done. The implications for the landlord will be that they will not be able to renew or enter into a new agreement and they could also face a penalty fine should they fail to act on a tenant’s request for an upgrade.
“This is a very big measure. Effectively, we’re saying, if you do not improve your property up to the minimum of EPC E rating by three years’ time, you will not be able to let out that property. Which is quite a big stick, and it’s about time too,” Energy Secretary Ed Davey has told The Guardian.
Sonia Matthews FARLA, Associate at Greenslade Taylor Hunt,said: “From April 1, 2016, which although seems a long way off is only actually 14 months away, tenants currently occupying properties with an EPC rating of F and below will be able to make improvement requests to their landlords.
“My suggestion would be that landlords pre-empt these new regulations and start looking to upgrade their properties now, this way they will be able to spread the cost by carrying out any repairs in stages. We are fortunate enough to have a very good team of reliable and competent contractors who we can call upon to advise landlords on any work required.”
Sonia can be contacted at the Taunton Lettings office, 9 Hammet Street, or phone (01823) 337722.