From April 2018 more than 400,000 properties in England and Wales could be un-lettable because they fail to meet new energy performance standards requirements. Landlords must act now! Minimum rating accepted is E.
One in 10 rental properties in the UK could be unlettable next year, according to government figures, if landlords fail to improve their energy efficiency.
More than 400,000 properties in England and Wales could be taken off the lettings market because they fail to meet energy performance standards.
From 1 April 2018, privately rented properties must meet new energy efficiency standards or landlords cannot rent them out to new tenants or relet to existing ones.
The new minimum energy efficiency standards (MEES) come as a surprise to many landlords, one in four of whom do not even know their property’s energy rating, despite needing an energy performance certificate (EPC) by law, according to a recent survey by the energy company E.ON.
Letting agents warn landlords not to put off improvements until nearer the deadline.
Local authorities will be able to impose civil penalties of up to £4,000 for non-compliance.
How the new EPC rules affect you
From April 2018, rental properties must have a minimum EPC rating of E. The regulations will apply to new lets and renewals of tenancies, and from 1 April 2020 it will extend to all tenancies, including sitting tenants. It will be unlawful to rent a property that has less than an E-rating.