Energy Performance Certificates (EPC)
The European Directive have now implemented Energy Performance of Buildings (EPBD) which means that any building which is being sold or is rented out, must have an Energy PERFORMANCE Certificate (EPC).
The EPC shows prospective buyers/tenants the energy and carbon efficiency of the building, with expected running costs.
- It also provides specific recommendations on how to improve efficiency of the building, with expected running costs.
- It also provides specific recommendations on how to improve efficiency and hence save money.
- EPCs must be issued by qualified and accredited assessors.
- EPCs last for ten years when letting and two years on sales.
- The building owner is responsible for the EPC and can be fined £200 if one is not provided, as well as the fine, the EPC must also be produced!
- Self-contained dwellings only require EPCs not individual bedsits.
- Landlords must provide EPCs free of charge to prospective tenants at the earliest opportunity.
- There is no onus on landlords to carry out any of the recommendations proposed in the EPC.
- Similar flats in blocks – under one owner – can be assessed statistically, reducing costs considerably.