An Energy Performance Certificate (EPC) is a certificate that rates how energy efficient a property is. The certificate gives a rating from (A) which is very efficient to (G) which is the least inefficient. EPC is important because it evaluates the energy efficiency of a property, with the aim of reducing our overall environmental footprint.
It also suggests ways on how to increase your energy-efficiency rating and shows you what your rating could be if certain repairs or improvements are made to the property. In this article we will answer some of the most common questions Landlords may have about EPC.
Why do I need an EPC?
You are legally required to produce an EPC certificate before marketing a property for sale or to rent. Furthermore, the EPC report shows you how you could make your home more energy efficient by carrying out these changes you can improve your rating and reduce the running cost of energy in your property making it more marketable to tenants or buyers.
An EPC certificate is valid for 10 years so can be a worthwhile investment, failing to produce an EPC certificate when selling or renting a property, can result in a fine of up to £5,000.
How much does an EPC cost?
There are a number of factors that can affect the cost of an EPC such as the age and type of property, the location, size etc. It can cost anywhere from £45 - £100+, therefore, it’s worth have a look around and comparing prices.
How do I get an EPC?
However, you must have an approved /accredited domestic energy assessor carry out the EPC survey. You can find certified energy assessor at GOV.UK
What happens during an EPC survey?
When an energy assessment is carried out, your domestic energy assessor will need to be able to access all areas of the property. They will check things like your heating systems, insulation levels, lighting, windows and glazing type, etc.
How long does it take to complete an EPC survey assessment?
The time it takes to complete an energy assessment varies depending on the type of property, the size, the age of the property etc.
When is an EPC not required?
Properties not being sold or rented do not require an EPC. Certain properties may also be exempts from getting an EPC this can include industrial or non-residential buildings with low energy requirements, temporary structures, properties used as a place of worship etc.
The haart Investor Services Team is here to help customers obtain more information about how to maximise their investments in the current property market for more information contact Kate Hurles on 079 6012 0267 or email Investor.firstname.lastname@example.org