Energy Performance and Buy to Let Landlords

Whilst many may now be familiar with energy performance certificates (EPC’s) being a requirement on any sale or letting of a property, buy-to-let landlords now need to take care when analysing the content of an EPC on an acquisition.

From April 2018, any property that falls below ‘F’ on the EPC will fall foul of the Energy Act 2011. Landlords will be unable to let residential property unless and until substantial improvements to the energy efficiency of the building are achieved.

In addition, tenants of residential property will, from April 2016, be able to request that improvements are made to their home if they fall within F or G. The landlord cannot unreasonably refuse to do so.

These regulation changes may well prove costly to landlords and may well affect saleability of existing properties and rental returns.

For further details please contact a member of the property department.

Matt Rimmer