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Changes to EPC Regulations
Posted by Ed on 31 January 2018
Every year there is something that falls upon landlords and property owners to meet a new criteria, this year it is the year of the EPC!

EPC BRIEF HISTORY

Introduced in August 2007 as part of the infamous HIPS packs – if you remember those!! –originally for just properties with 4+ bedrooms. As time went on, the HIPS packs were abolished the EPC regulation remained and went on to include all residential and non-residential properties (unless on the strict exemption list). Introduced as part of a European directive to improve the energy efficiency of our buildings and therefore reduced the amount of damage they were having on our environment. Only a qualified Domestic Energy Assessor can complete an EPC and the scale on the certification ranges from A-G for both the EER and EIC ratings. An EPC certificate lasts 10 years.

EPC FROM APRIL 2018

From 1st April 2018 the changes will affect both residential and commercial properties within the private rented sector. The minimum rating of ‘E’ will be in force as the new minimum energy efficient standard.

Any property that does not meet this standard becomes problematic as you may not lawfully offer any new tenancy, renew an existing tenancy or extend existing tenancies unless the improvements have been made or your property is exempt from the EPC regulations. (e.g. is a listed property)

HOW DO WE CHECK

35% of property EPC completed between 2008 and 2015 where a grade ‘E’ or below so If you do not have a printed copy of your valid EPC then you can check online for free at https://www.epcregister.com/ to see if there is a valid one registered with the EPC Registry. If there isn’t one on there and you don’t know if you have one, or if you do, how to retrieve a copy then you can arrange to have a new one completed with a qualified Domestic Energy Assessor (DEA) which we can help you with here at Haus if you call us on (0151) 559 1111.

WHAT IF WE DON’T MAKE THE GRADE

Every EPC comes with recommendations in it which highlight the changes that can be made to help improve your score. They usually tell you the likely improvement that change will result in your score and the estimated cost (as an average) to help you make the most cost effective decision for your property meeting the new regulation. Remember that it will be unlawful to offer a new tenancy from 1st April 2018 if your property does not meet the new minimum regulations so its important to act now!

FINES

If you have provided misleading information or failed to comply with the new regulation as of the 1st April 2018 – there is a £5,000 fine and publication of your non-compliance. Any property that still after 3 months of the regulation hasn’t met the requirements can be fined up to £10,000 or 20% of the properties rateable value (to a maximum of £150,000) – whichever is the greater value and publication of your non-compliance

If your property is fully managed by Haus we will have already checked this for you and let you know if your property doesn’t meet the minimum grade as we always do our best to ensure our clients are up to speed with changes in advance. If you don’t currently have a managed property with Haus but would like some free advice or to arrange an EPC call us today on (0151) 559 1111
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