Landlords & Letting Agents
Attention Landlords & Letting Agents!
We are excited to work with you to ensure that your properties are ready for the upcoming changes to the new EPC regulations.
EPC Rule Changes:
- New government rules surrounding Energy Performance Certificate (EPC) ratings for new tenancies are due to come into effect. Read more on the government site.
- At the beginning of 2025, any newly rented properties will need a rating of at least a C, and any existing tenancies will have until 2028 to do the same.
- Buy-to-Let Landlords need to start thinking about how they can increase their property’s EPC rating to at least a “C”.
What is an EPC?
- It stands for “Energy Performance Certificate” and it measures the energy efficiency of a property on a scale of A to G.
- The most efficient homes will be in Band A and the least efficient homes in Band G.
- It reports on energy usage, carbon dioxide emissions, the amount of carbon emissions, energy the property uses and level of energy efficiency.
- For a home to be sold or rented in the UK, it is legally required to have an EPC. The certificate is then valid for 10 years.
Obtaining an EPC:
- An EPC is available from an accredited Domestic Energy Assessor, usually at a cost of between £40 and £100.
- The EPC will then be given a grading of A to G.
- Use the EPC register to check your property’s current EPC Rating.
Why is an EPC so important & what are the implications for Landlords?
- Currently, a rental property must have a minimum of an E-Rating on it’s EPC.
- Changes that are due to come into force in 2025 mean landlords’ rental properties will need to have an EPC rating of C or better.
- The new regulations apply to new tenancies in 2025, followed by all tenancies from 2028.
- This looming deadline means landlords need to start doing something about it now. If a rented property doesn’t have a valid EPC which meets the minimum standards, the fine is increasing from £5,000 to £30,000 from 2025!
Why are the Government making these changes?
- This is part of the government’s work to try and meet a target of net-zero for carbon emissions by the year 2050.
Benefits of our service to Landlords & their tenants:
- We can check to see your tenant is eligible under the ECO4 rules.
- Arrange for a FREE Property Survey to see if it is eligible.
- Your tenants save money on their energy bills.
- Boost the value of your property (Rightmove recently reported that those sellers who improved their EPC from a G, F, E, or D rating to a C, received as much as 16% more on the sale price of their property).
- Upgrade your properties for Zero Cost (for ECO4 qualifying properties).
- For non-qualifying properties we can obtain recommendations of what measures can be done by yourself to attain an EPC rating that will avoid costly fines.
