Landlords warned to prepare for new energy standards

Landlords have been warned to plan ahead for changes in the law what will require them to ensure their properties meet the minimum energy efficiency standards.

 

From 1 April 2018 it will be illegal for a private landlord to let a property with an energy performance certificate (EPC) rating lower that E to a new tenant.  From 1 April 2020 this will be extended to apply to all existing tenancies.

 

For many landlords, especially of older properties, this could require significant investment in areas such as new renewable heating systems and double glazing in order to bring their properties up to the required standard.

 

These rules will not only apply to buy-to-let investors and those with large housing portfolios, but to people who let just one or two dwellings.

 

Non-compliance could attract potential fines of up to £4,000 per domestic property.