The government has recently proposed new EPC regulations that will change the Minimum Energy Efficiency Standards. These changes are planned to take effect in 2025 and will have a significant impact on the domestic property rental market in England and Wales.
Currently, the Minimum Energy Efficiency Standards (MEES) allowed for rented properties are a minimum of an E rating on their Energy Performance Certificate (EPC). The new EPC regulations would mean that from 2025, a rented property would need to have a certification rating of C or above. The changes are being introduced to ensure homes are more energy-efficient and to reduce carbon waste, progressing towards the Government’s net-zero targets.
For some landlords, a low cost change such as increasing loft insulation could be enough to satisfy the required change in EPC level, for others however, this could mean a review of wall insulation, windows, doors etc.
There are grants available for landlords looking to improve the efficiency of their rental property. As part of Durrants fully managed lettings service we ensure all legislation is kept up to date, and work closely with our landlords to ensure properties are kept to the most efficient standard.
If you have a lettings property, give us a call today to see how we could help you.