Things that You Need to Know About the Energy Performance Certificate
The energy performance certificate or EPC states the energy consumption report of a house or the building. The landlords and the homeowners can certainly benefit through having such kind of cover. The house owners, the prospective tenants and the building premise can take advantage from such certificate since this states the amount of the energy being consumed. This would guide them in making that sound decision.
If you are planning to rent out a home or a building premise, then you must be provided with a copy of such valid EPC. You must know that the EPC is included in the Home Information Package that the seller must complete before the property is placed on the market. As a landlord, you must have a valid EPC before you change the tenants.
You are not under any restriction to have that new EPC everytime you change the tenants. But, you must know that you will have a fixed fine when you don’t have such valid EPC when you are going to change your tenant. The fine may be repeated if you won’t apply for an EPC.
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All of the potential tenants should have a copy of the EPC or the Energy Performance Certificate as well as the recommendations report. Such will be beneficial to both. From the perspective of the tenant, such can help them evaluate the building’s value. The building premise owner or the homeowner can certainly benefit through showing that value oriented EPC.
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You may require an EPC when the building must be sold or if you want to have such rented out. The homeowner should have a copy of the valid EPC. Also, the building certificate must be available free of charge to the prospective buyer or tenant. The primary objective is that the owner must be proactive to get the EPC when putting the building for rent or for sale.
You may wonder if such new EPC will be requried when you would change a tenant. Well, you should know that it is a no. The EPC can actually be passed from tenant to tenant. This is because such certificate has a validity of up to 10 years. The main benefit of the EPC is that you are likely to attract the interest of more tenants or buyers when you are able to show this kind of certificate. Know that a good rating is going to highlight the building’s value.
Know that the EPC also carries two charts. One should present the energy efficiency rating and the other must show the environment impact on the CO2 emissions in the building that is on a scale of A to G and that A is the best score.