The rental market has seen many changes in legislation over the last few years and there are more important changes ahead.
From 1st April 2018 rental properties must have an EPC rating of at least E. This will apply to both new lets and the renewal of any existing tenancies and all tenancies by April 2020.
Any properties which fall below this will be deemed unfit for rental and landlords will need to make improvements in order to meet the minimum E rating unless any of the exemptions below are applicable and registered:-
- The improvement works will devalue the property by 5% or more.
- The landlord cannot get consent to carry out the works either from the tenant, mortgage lender or superior landlord
- If the landlord cannot afford to carry out any improvement works
- If the relevant improvement works have been carried out but the energy rating remains under a rating of E.
It will be unlawful to rent a property which breaches the minimum E Rating unless there is a registered exemption and the local council can issue a fine of up to £5000.
Some Improvements you can make
- Thermostat Boilers
- Thermostat room heaters
- Cavity wall insulation
- Secondary Glazing
- Loft insulation
- Hot water cylinder insulation