The BLA is again warning all its members and non members On 1 April, new energy efficiency regulations for private rented property come into force. All landlords must ensure they are fully compliant with this regulation.
Many landlords and tenants are not aware of this new legislation;-
• 73% of landlords/tenants are not aware of their property’s EPC rating
• 65% aren’t aware that improving their rating could save them money
• 95% have not measured their EPC rating
New standards for EPC ratings are applicable for new lets and relets, and for all existing tenancies on 1st April 2020. Once the new law is in effect, residential rental properties must have an EPC of E or above. Properties awarded the two lowest grades, F and G, will be unlawful. From the beginning of April, any landlord letting a property that fails to meet the standard required could face a penalty of up to £4,000.
The introduction of this new minimum standards of energy efficiency, landlords must ensure their properties have an Energy Performance Certificate rating of E or higher before granting a new tenancy to new or existing tenants.