New EPC Legislation
New EPC Legislation
Changes to Energy Performance Certificate (EPC) ratings are the first in several new initiatives by the Government to improve energy efficiency across commercial lettings. Since 2018 a minimum EPC rating of E has been in place for new tenancies, but from 1st April 2023 this is set to change, and same rule will apply to all existing leases.
A phased implementation will be introduced to help landlords reach the new targets and will consist of two “compliance windows” each lasting two years. At the start of each compliance window, the landlord would be required to present an EPC, and at the end of the compliance window, the landlord would be required to have brought the property up to the minimum EPC standard.
Whilst some landlords would rush into selling their low–quality EPC stock, it may be a better option to improve the energy efficiency of their rental properties.
https://todaysconveyancer.co.uk/new-epc-regulations-expected-2025/