Rented properties will need an Energy Performance Certificate for all tenants from 1st October 2008.
Energy Performance Certificates (EPCs) were created as part of the HIPs pack which is now mandatory for all 3 and 4 bedroom houses which are for sale in England & Wales. EPCs are now being introduced to the rented sector (HIPs not needed to rent a property). The certificate will state how energy efficient the rental property is. It will use a colour chart to reflect how efficient the property is, similar to those currently used on washing machines.
Energy efficient measures such as double glazing, efficient boilers, loft insulation, wall insulation and lagging are all measures which will help the properties get a better energy rating.
There are grants available to landlords to help with energy efficiency measures. The Government makes the energy industry pay £1.5 Billion per year in to help make homes more energy efficient. At present some of these grants in Lancashire/Manchester/Merseyside include new boilers, wall insulation and loft insulation. Please contact Property Fit if you would like access to these free energy improvement measures. Property Fit works with a company called Warmfront who install the grant aided components (subject to certain conditions).
The EPC has a lifespan of 10 years and contains a list of potential energy efficiency improvements which could be made to the property. At present these improvements are not mandatory but Property Fit expects that this is part of a plan to ultimately give tax incentives to homes that have good energy efficiency or place a higher tax on those with a poor energy efficiency.
Energy efficient measures such as double glazing, efficient boilers, loft insulation, wall insulation and lagging are all measures which will help the properties get a better energy rating.
There are grants available to landlords to help with energy efficiency measures. The Government makes the energy industry pay £1.5 Billion per year in to help make homes more energy efficient. At present some of these grants in Lancashire/Manchester/Merseyside include new boilers, wall insulation and loft insulation. Please contact Property Fit if you would like access to these free energy improvement measures. Property Fit works with a company called Warmfront who install the grant aided components (subject to certain conditions).
The EPC has a lifespan of 10 years and contains a list of potential energy efficiency improvements which could be made to the property. At present these improvements are not mandatory but Property Fit expects that this is part of a plan to ultimately give tax incentives to homes that have good energy efficiency or place a higher tax on those with a poor energy efficiency.
Labels: base rate, below market value, EPC, property investing, property networking, respossessions, sale and rent back
posted by Juswant & Sylvia Rai at
6:02 AM
2 Comments:
Do I need an EPC?
Where individual rooms in a building are rented out (with multiple contracts) and there are shared facilities (eg kitchen and/or bathroom), an EPC is not required for the property. However, if there is a single contract between the landlord and a tenant for the rental of a whole property, an EPC is required for the whole property. Property includes flats so, if there is more than one flat rented separately in a building, each flat will need an EPC. For more information contact Communities & Local Government Energy Performance Certificate Helpline: 08453 652 468 or www.communities.gov.uk/documents/planningandbuilding /pdf/866773.pdf
Yes now EPC is becoming more Strict...And your blog will give the knowledge about how important is to others...Energy Performance Certificates
Post a Comment
<< Home