Energy Performance Certificates: what
landlords need to know
Before new tenants move into any rental property in the UK,
landlords now need to supply them with information on just how
energy-efficient it is. Energy Performance Certificates look like
the A-G ratings found on washing machines and other electrical
appliances, and enable prospective tenants to see current costs for
heating, lighting and hot water, and easily assess how
environmentally friendly the property is.
EPCs have to be obtained from an accredited Domestic Energy
Assessor. They will examine fittings such as double glazing,
heating system and insulation as well as the age and construction
of the property. The cost of obtaining a certificate can vary
wildly from around £50 to £120 or more, so it's worth shopping
around for DEAs. DEA Local can help you find
someone in your area.
It's worth getting your EPC sooner rather than later even if you
have sitting tenants; you'll need to show it to new tenants before
they sign a lease, and the certificate remains valid for ten
years.
Rather than seeing energy improvements as a chore, landlords
should view them as an opportunity: a great way to demonstrate to
prospective tenants that their concern isn't just with meeting the
minimum legal standards for energy efficiency. Properties which
exceed the minimum will naturally be more attractive to tenants,
will command higher rents and encourage a longer stay. On the other
hand, housing which scores poorly may be more difficult to rent out
in the future.
What can I do to improve my property's rating?
Insulating your property is the most cost-effective way to
improve your score. Loft insulation is a quick and easy DIY job,
and cavity wall insulation is usually straightforward and
inexpensive. Grants may be available to help with costs: see
below.
- Hot water tanks and pipes should be lagged properly
- Check that appliances you purchase are the most
energy-efficient available.
- Double glazing isn't cheap, but can pay for itself in reduced
bills and improved rents.
Landlords have an obligation under new building regulations to
make improvements to their property's energy efficiency whilst
they're carrying out other improvements: for example, repairs to
roofs and floors, replastering or replacing windows.
The Energy Saving Trust has
more advice for keeping your properties environmentally
friendly.
Can I get help with the costs?
Grants are available for landlords to help or even totally cover
the costs of energy-saving improvements. Check out the
Energy Saving Trust for details of what's available for your
area.
Tenants who are in receipt of certain benefits may qualify to
get their home insulated for free. Visit Warm Front for more
information.
Individual landlords can also claim up to £1,500 for loft or
cavity wall insulation in a rental property as an expense against
their income tax.
For more help and advice for landlords, check out
our blog and follow @AvoidTheVoids on
Twitter.