Landlords, do you know the importance of Energy Performance Certificates?
According to the National Landlords Association, energy efficiency may not be an issue people think much about and less than 10% of tenants say they considered the energy efficiency of their current home as an important factor when deciding to live there.*
Yet 40% of the UK’s energy consumption and carbon emissions come from the way our buildings are lit, heated and used and Energy Performance Certificates (EPCs) are therefore produced by accredited energy assessors which provide information about energy usage. **
For landlords, before they let a property, they must have an up to date EPC available. *
Corelia Moseley, lettings director for Reeds Rains estate and lettings agents says: “We already make sure all our tenants are provided with a valid Energy Performance Certificate and we know from 1 April 2018, new and renewed tenancies will have to meet an EPC rating of E or above, which will then apply to all tenancies from 1 April 2020.
For this reason, we are encouraging landlords to check their EPC rating now and make improvements to gain a better energy performance rating if necessary:
1. Switch to energy saving light bulbs. Although energy saving bulbs can cost more than old style filament bulbs they last much longer. As well as using less electricity, they help to save money.
2. Improve the insulation used in the walls and roof of your property. Cavity wall insulation is one way where a qualified installer inserts insulation into the cavity using special equipment. This can be expensive but there are government backed incentive schemes to help reduce the cost.
3. In an un-insulated home, a quarter of heat is lost through the roof. Insulating your loft, attic or flat roof is a simple and effective way to reduce heat loss and reduce your heating bills.*** To do this, the insulation is laid between the beams that make up the floor of the loft and again can be completed by a qualified contractor or in some cases, the landlord may choose to do this themselves.
4. Review how you heat your property as it can reduce your energy bills. Investing in a new boiler, for instance, could help you heat your property more cost effectively allowing you to use adjustable thermostats for radiators. This will help avoid empty rooms being heated unnecessarily.”
If you would like to find out how Reeds Rains can help you as a landlord or tenant simply contact www.reedsrains.co.uk to find your local branch.