LETTINGS NEWS: Yet more change for buy to let with new energy efficiency deadlines
New regulations are introduced into the private lettings sector almost every week it seems – the latest are deadlines for landlords to improve the energy efficiency of their properties.
They refer to the Energy Performance Certificate ratings attached to properties to let; the ratings range from G (the least efficient) up to A (the best).
By April 2018 it will be unlawful to let a property with an F or G rating, as a new let.
By April 2020 the minimum EPC rating will be E, not just for new lets but also for existing tenancies – meaning homes may have to have their energy efficiency improved with tenants in place.
In the longer term, a minimum D rating comes into place in April 2025 and then a minimum of a C rating by April 2030.
The first of these deadlines is only two years away, so prudent landlords may already be talking with letting agents about energy improvements to be made as and when a property becomes vacant ‘between’ tenants.