James Scollard, Founder at CLIFFTONS in Bournemouth comments, Energy Performance Certificates have been relatively ignored by the masses but this is set to change. From 2016, any tenant or their representative asking for their Landlords consent to make reasonable energy improvements cannot be refused. (Reasonable improvements for properties are outlined in Green Deal Assessments). From 2018, the worst performing rental properties with ratings F and G, will be banned from letting their property through a Minimum Energy Performance Standard, (MEPS). One in ten homes currently fit into bands ‘F’ and ‘G’ which means these changes will effect circ. 380,000 homes nationwide.
The private rented sector has a comparatively poor record in energy efficiency and we welcome the new rules which will help to reduce fuel poverty in the UK. The sector has 5.8% of ‘G’ rated properties compared to 3.4% in owner occupied homes.
A warmer environment and lower bills for tenants would help retain tenants for longer.
Remember – The Green Deal. Under the Green Deal, landlords can make energy efficient improvements without having to pay all the costs upfront, with tenants repaying the cost of the measures through their energy bill savings. Where the tenant pays the electric bill, the landlord must seek permission from them to take out Green Deal and will need to alert new tenants.
There is a loop hole for HMO properties being excluded from MEPS. However, there is a bill going through Parliament to cover this loophole.
If you are thinking of letting a property in Bournemouth, Call CLIFFTONS today on 01202 789699.
Posted: 21st January 2015