Landlords must be aware of new EPC rules
From 6 April 2013, all properties – whether they are for sale or let - must have a valid Energy Performance Certificate before it can be marketed, after the government gave the go ahead for a new streamlined scheme.
The new regulations mean trading standards officers have the power to demand files from a letting agent to check an EPC was ordered prior to the property going on the market.
It also allows prospective tenants to request a full copy when viewing a property. It must also be attached to all marketing outputs both print and online.
It is vital landlords are both aware and ready for the changes when letting new property from April as failure to comply could result in fines of up to £200 for homes or 12.5% of the rateable value for commercial property (minimum and maximum charges £500 and £5000 respectively).
The new scheme will also see changes to the EPC design. Gone are the complicated, front page graphs, replaced by much clearer information about the property’s energy’s costs. It will also list the top three tips for energy saving improvements as concerns surrounding the rising cost of fuel bills grow nationwide.
Properties on the market with an old style EPC prior to 6th April, however, do not need to buy a new certificate.
If you are confused or concerned about the changes to the EPC rules, contact the Goldsmith Williams Landlord Assist team.
Content correct at time of publication