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More hurdles for landlords!

From April of this year, landlords are faced with further legislation with which they have to comply.

The Energy Efficiency (Private Rented Property) (England and Wales) Regulations 2015 introduced measures to improve the energy efficiency of private rented property under the Energy Act 2011.

However, new legislation is coming into play from 1st April 2018 which prohibits landlords from granting, extending or renewing a tenancy of a property where the Energy Performance Certificate (EPC) is below the minimum level of E. The regulations apply to all privately rented properties which are legally required to have an EPC.

A landlord with a property where the rating is an F or G, will have to put measures in place to increase the rating to the minimum level where funding is available. This may come from various sources including a Green Deal Plan, Energy Company Obligation (or similar) funding from a Central Government, Local Authority or third party at no cost to the landlord.

All other properties where a tenancy is in place must ensure that the minimum standards are met by 1st April 2020.

 

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For more information on how this may affect you as a landlord and your property portfolio, please call us on 01434 622234 or contact us online.

Posted on Tuesday, 30th January, 2018
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