Introduced in England in 2007, it is a legal requirement to provide an energy performance certificate whenever a property is built, sold or rented. There are a few exceptions to this rule including any listed buildings.
Vendors must order an EPC before the property is marketed.
The purpose of the report is to show the property’s energy use and typical costs. It also gives recommendations about how to reduce energy use thus helping to save money.
The report produces an efficiency rating which is rated from ‘A’ being the most efficient down to ‘G’ being the least efficient, and is valid for 10 years.
The Energy Efficiency (Private Rented Sector) (England and Wales) Regulations 2015 will make it unlawful from April 2018 to let residential or commercial properties with an Energy Performance Certificate (EPC) rating of ‘F’ or ‘G’ (i.e. the lowest 2 grades of energy efficiency).
The new regulations will have very significant implications for landlords, and for occupiers who wish to assign
or sublet space, as the marketability of some properties would become impossible unless they were upgraded to meet the minimum standards. Landlords need to take action now to avoid penalties and protect the value of their assets.
Please see the link below for further guidance on MEES