Agents Beware: major rental sector energy changes soon

Agents Beware: major rental sector energy changes soon


Todays other news


The Guild of Property Professionals is reminding the rental sector that owners of properties to let have only until April 1 to ensure that their home comply with new MEES regulations.

The Minimum Level of Energy Efficiency Standard ‘E’ will – from April 1 – apply to any property that is let under an assured tenancy, a regulated tenancy or a domestic agricultural tenancy, as well as any other property that is required to have an EPC.

The Guild’s compliance manager, Paul Offley, is reminding agents and landlords that if a property has been marketed for sale or let, or has been modified in the past 10 years, then the likelihood is that the property will require an EPC. 

If the property has an EPC rating of F or G, the landlord will have until April 1 to ensure the necessary steps have been taken to improve its rating to at least a minimum E or register for an exception.

He adds that there are various exemptions that apply.

These include the ‘all relevant improvements made’ exemption, which applies when a landlord has made improvements to the property up to a cost cap of £3,500 including VAT, and the property still does not meet the minimum standards. 

Other exemptions apply, depending on the property and the landlord’s unique circumstances, such as having only recently become a landlord.

“The domestic MEES is not something new and has been around and with us for a number of years. However, this year is the final cut-off date before the prohibition on letting F and G properties will be extended to all relevant properties, regardless of whether there has been a change in the tenancy” explains Offley. 

“After the deadline, if the local authority believes that a landlord has failed to fulfil their obligations under the MEES Regulations, they will issue a compliance notice, and if a breach is confirmed, the landlord will face a possible financial penalty.”

“Landlords have had time to either improve the efficiency rating or apply for an exemption – but lettings agents need to be sure that they are able to demonstrate compliance with the legislation from April 1 2020” he adds. 

Offaly says the Guild is aiming to ensure its member agents organise “a smooth transition for landlords and tenants.”

 

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Letting Agent Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
Recommended for you
Related Articles
Most accredited agencies see a reduction or no-change in CMP...
The improvement is suggested in new data from Propertymark...
Mortgage approvals defied expectations by dipping in November, new figures...
It's just the latest partnership announced by Relocation Agent Network...
A leading agent says there are renegotiations on prices of...
Reeves to slash Right To Buy discount on Wednesday...
Recommended for you
Latest Features
The data comes from the Homeppl service...
Third party data providers are being used by the portal...
Sponsored Content

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

No one likes pop-ups ...
But while you're here