If you’re planning to become a landlord, then it’s a good idea to familiarise yourself with some of the terms and regulations that you are sure to come across. This blog is your guide to energy performance certificates (EPCs).
What is an energy performance certificate?
Energy performance certificates are also known as ‘EPCs’ for short. Every home must have an EPC certificate. So whether you’re a homeowner, potential buyer or involved in renting a property, you need to be aware of it.
An EPC is a legal document that shows the energy performance of a property. They must be created when a property is built, sold or being rented out.
The energy performance certificate gives people an insight into a property’s energy efficiency, average energy costs and how these can be improved. All of this information will be collated by an energy assessor who is qualified to check all aspects of the home’s efficiency.
Interpreting an energy performance certificate
EPCs use letters to determine the energy efficiency of a home or flat. The letters range from A to G, with A being the most energy efficient.
If you’re planning on buying or renting a home, it’s a good idea to look into the energy efficiency rating to see how much your tenants are likely to be charged.
Of course, the lower the potential energy bills, the more appealing a property is likely to be to potential tenants. As a landlord, there are steps you can take to make properties more energy efficient and therefore reduce potential energy costs.
What affects an EPC rating?
Many aspects of your property will be assessed to reach an accurate energy rating. Here are some of the most important elements.
- Heating & heat loss
- The hot water system
- Property insulation
- Carbon dioxide emissions
- Lighting systems
- Windows
How long does an energy performance certificate (EPC) last?
EPCs are generally valid for 10 years. After this time, you will need to register for a new assessment to be completed.
As a landlord, it is your responsibility to ensure that your property has an accurate and up to date EPC at all times.
It’s worth noting that you can request a new EPC if you have completed renovation on the home to make it more energy efficient. This may help to boost your energy rating score and therefore make the property more appealing to new tenants. It can also help to build on the relationship you have with your current tenant as you are making an effort to improve the property.
How much does an EPC cost?
EPCs usually cost between £60 and £120. The price is usually calculated based on the location of the property and its size. Always use an accredited energy assessor to determine your EPC rating.
Important information for your EPC
Since April 2018, all landlords have had to ensure their rental properties reach a minimum EPC rating of E before a new tenancy is granted. From the 1st April 2020, this now applies to all privately rented properties, regardless of whether there is a change with the tenancy agreement or not.
At Intus Lettings, we’re here to make life easier for landlords, which is why you can purchase your EPC directly through us.
Are you a new landlord looking for support with energy performance certificates? We can help with that and much more. Contact our friendly team today.
