The Government announced in July 2017 changes to EPC rules preventing Landlords from renting out inefficient homes, in April of this year these changes take effect.
As of April, all homes in the private rental sector must have a minimum energy performance certificate rating of E or it will be illegal to let them out. The rules apply to new tenancies and renewals only at this stage but by 2020 it will be extended to all existing tenancies.
This means that come April any rental property with an EPC rating of F or G must be taken off the market until such time the required improvements have been carried out and the property is rated E or above.
We would advise taking action now if your property needs improvements to ensure that you do not find yourself in a situation where you have a property that cannot be let until such time any improvements have been carried out.
The government has published specific guidance for Landlords clarifying exactly what is expected which can be found here.
As always if you wish to discuss this any further or require any further information on how you might be effected by this please contact you local branch where one of the team will be happy to assist you.
Neil Newstead, FARLA MNAEA MIRPM
Chief Executive Officer