Important changes for Landlords regarding Energy Efficiency Regulations.
As of the 1st April 2016 the first part of a series of changes came into effect relating to the energy efficiency of properties in the private rental sector.
Tenants can now request energy efficiency improvements to be made to their property and a landlord cannot ‘unreasonably’ refuse. Such improvements do not have to be funded by the landlord but instead by the tenant or through an energy efficiency scheme.
More importantly for landlords further changes planned could have an even greater impact.
From the 1st April 2018 landlords will not be able to renew or issue a new tenancy for a rented property with an EPC rating of ‘F’ or ‘G’. All ratings above are fine but landlords with an ‘F’ or ‘G’ will have to make energy efficiency improvements in order to issue a new tenancy or rent to a new tenant.
From the 1st April 2020 our understanding is this will extend to all existing tenancies , not just new ones. Therefore, if a property has an EPC rating of ‘F’ or ‘G’ then the landlord will have to make the energy efficiency improvements to improve the rating or release any tenants from their tenancy and no longer rent the property.
For all of our managed properties, we will be in contact with landlords who will be affected by the new rules or whose properties do not currently have an EPC.
If you have any queries in relation to the above or feel that Gallant Richardson can help you as a landlord in anyway please do not hesitate to contact our lettings team.