Introduction
The Energy Performance Certificate (EPC) has become an important document for property owners in Bromley. It provides information on the energy efficiency of a property and the potential cost savings that can be achieved by making certain improvements. A property must have an up to date EPC prior to being let or sold. This article will explore the regulations for EPCs for rental properties in Bromley and any upcoming changes.
Overview of EPC regulations in Bromley
Currently, all rental properties in Bromley must have an EPC with a minimum rating of E. This requirement was introduced in April 2018 and applies to all new tenancies and renewals. Furthermore, from April 2020, this requirement applied to all tenancies, including those that are already in place.
Landlords who fail to comply with the EPC regulations can face fines. These penalties can be enforced by local authorities, who have the power to request proof of compliance from landlords. If a property falls below the minimum rating of E, landlords must make improvements to the property to bring it up to standard.
Upcoming changes to EPC regulations in Bromley
Landlords should be aware that there are ongoing discussions at a national level regarding the minimum EPC rating. The government has proposed that the minimum EPC rating for rental properties should be raised from E to C. If this proposal is accepted, it is likely that these changes will come into effect in 2025 although recently 2028 has been rumoured for the date for it to come into effect. it is important to state at the time this article is written no decision has been finalised yet.
The government’s proposal is part of a wider effort to reduce the UK’s carbon emissions. A recent report by the Committee on Climate Change called for the UK to achieve net-zero carbon emissions by 2050. This target will require significant changes to the way we produce and use energy, including in the housing sector.
Implications for landlords and tenants
Landlords in Bromley should be aware of the existing EPC regulations and comply with them to avoid penalties. They should also keep up-to-date with any upcoming changes to the regulations, as these could affect the energy efficiency rating of their properties.
Tenants are also affected by EPC regulations, as they have the right to see a copy of the EPC before signing a tenancy agreement. The certificate provides valuable information on the energy efficiency of the property and the potential cost savings that can be achieved by making certain improvements.
Conclusion
The regulations for energy performance certificates for rental properties in Bromley are important for both landlords and tenants. Failure to comply with these regulations can result in significant fines for landlords, while tenants have the right to request to see a copy of the EPC before signing a tenancy agreement. Landlords should be aware that the government is considering raising the minimum EPC rating from E to C for rental properties in the future. Keeping up-to-date with any changes to these regulations is essential for landlords who want to provide high-quality, energy-efficient properties to their tenants.