Calling all Landlords – New legislation relating to Minimum Energy Efficiency Standards
If you are a private Landlord and rent a property under an Assured Shorthold Tenancy, did you know you will not able to rent your property, if the property has an energy efficiency rating of ‘F’ or ‘G’?
The new legislation came into force on the 1 April 2018 (no April fool!).
Landlords are encouraged to check property energy ratings and if the tenancy is up for renewal shortly, act now – to ensure the property is up to standard to ensure a smooth transition for the next tenant.
A key point to consider is that the Minimum Energy Efficiency Standards are based on a principle of ‘no cost’ to landlords. This means that if there is a cost to improving the energy rating, the landlord does not need to carry out the work.
The property may be able to be let from the 1 April 2018, if the landlord is able to prove an exemption applies.
Typically, exemptions include: all improvements made but the property remains substandard, if the improvements devalue the property by at least 5% or unable to obtain third party consent eg from the lessor or lender (See https://prsregister.beis.gov.uk).
For more information please contact Margrielle Blake at award-winning national law firm VWV. Margrielle can be contacted on 0117 314 5380 or at firstname.lastname@example.org.