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New Energy Efficiency Proposal- How will it impact Tenants and Landlords?

As discussed in our previous blog, new Policy proposals have been set by the government to take steps in improving the minimum energy efficiency standards across the UK. The aim is to raise the standard further to a ‘D’ rating by 2025 and a ‘C’ rating by 2030

As discussed in our previous blog, the new Energy Efficiency Proposal has been agreed and set by the government to take steps in improving the minimum energy efficiency standards across the UK. The aim is to raise the standard further to a ‘D’ rating by 2025 and a ‘C’ rating by 2030. ‘D’ by 2025 is already required in Scotland and the Scottish Government is consulting on an additional target of ‘C’ by 2030. For more information on how the government plans to help implement the energy efficiency proposal, please click here. Alternatively, to find out how it could impact you as a Landlord or Tenant then keep reading!

What do the new regulations mean for:

Landlords

  • The requirement for landlords to install ‘fabric first’ measures e.g. insulation.
  • The private rented sector to support the uptake of smart meters.

Tenants

  • Tenants have powers to request improvements and redress where a property is in breach.

Penalties and compliance proposals

  • Introduction of a private rented sector property compliance and exemptions database.
  • The maximum fine level will be increased to £30,000 per property for each breach of the regulations.
  • Local authorities will be allowed to use EPC Open Data, introduce benchmarking and inspect properties to improve compliance with the rules.

Requirements for letting agents

  • It will be a requirement on letting agents and online property platforms to only advertise and let properties compliant with the rules.
  • Landlords are required to provide an EPC prior to a property being advertised.

Cost cap and affordability proposals

  • Introduction of an affordability exemption.
  • Increasing the cost cap to £10,000 inclusive of VAT per property.
  • Updated exemption regime to come into force on 1 April 2025.
  • Investment into the “Green Homes Grant”. Providing at least £2 for every £1 homeowners and landlords spend to make their homes more energy efficient, up to £5,000 per household.”

Do you need a new EPC Report?

Here at Blue Moon Certificates, our team of experts specialise in providing EPC certificates across the UK. If you have ay questions in regard to the above information and would like to speak to an expert, please get in touch.

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