Are you aware of the new minimum level of energy efficiency required to let domestic properties?
The Energy Efficiency (Private Rented Property) (England and Wales) Regulations 2015 have been put into place to deal with the least energy efficient properties in England and Wales.
From the 1st April 2018, it will become unlawful to grant a new lease (including lease renewals) on a domestic property with an Energy Performance Certificate (EPC) rating of F or G, unless an exemption applies.
Landlords and property owners who fail to comply with the regulations could face substantial fines, including where a landlord has failed to register an exemption.
Under the Energy Act 2011, the Minimum Energy Efficiency Standard (MEES) aims to improve the energy efficiency of privately rented homes. As EPC F and G rated properties are the least energy efficient and incur higher running cuts, the minimum standard has been set at an E EPC rating to tackle inefficient homes. The regulations also aim to help meet UK targets of reducing CO2 emissions.
Improving the energy efficiency of properties can also benefit tenants, as well as landlords, including helping to manage rising energy costs, reducing maintenance costs and improving the overall comfort and condition of properties.
With just a few months to go until the regulations are enforced, landlords are being urged to act now to avoid the risks of non-compliance.
If you're a landlord, property owner or have clients interested in the privately rented sector, there are a few things you'll need to remember:
In the meantime, it's important for you to have a clear understanding of the new regulation and how the changes to energy efficiency standards affect properties in the domestic privately rented sector.
If you're a Domestic Energy Assessor (DEA), it's important for you to inform your clients about the MEES regulation and how it may affect their property investments.
Landlords and property owners can prepare early by commissioning an up-to-date EPC for each property (which may have changed over time) to identify 'at risk' properties and plan any necessary energy efficiency improvements.
The Department for Business, Energy & Industrial Strategy (BEIS) has recently published a guidance document aimed at helping landlords and others with an interest in the domestic rental sector understand the new regulations.
The guide provides detailed information about the new minimum energy efficiency standard and advice to support you with complying with the energy efficiency regulations, including:
Stroma Certification provides a Minimum Energy Efficiency Standard (MEES) training course aimed at educating energy assessors, landlords and letting/managing agents about the upcoming changes affecting the privately rented sector.
If you're an energy assessor, or have a direct interest in the domestic private rental sector, the course is a great opportunity for you to develop a better understanding of the regulation to ensure you and your clients are compliant before April 2018.