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A landlords guide to the new energy efficiency standards

6th December 2018 by Kerry Parsons

Categories: Property News
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 The Basics

If you own and wish to let or rent a domestic property then before you do so, make sure you are ‘in the know’ of the Minimum Energy Efficiency Standards (MEES).

As of 1st April 2018, Landlords of both domestic properties will not be able to agree a new letting or tenancy for a property where the Energy Performance rating is below the E Grade.  This means that if the property you are purchasing or currently own has a poor EPC then prior to being able to let out the same, you would have to first have to undertake any works necessary to bring the Energy rating to an E or above.

If you intend on mortgaging a property at any point, then you should also check with your proposed lender as to whether the valuation is based upon the rental income of the property as if so a low EPC rating could restrict it from being rented out until this is remedied, which could affect the valuation and potential finance offered.

What if I don’t meet with the regulations?

There are financial penalties if you proceed and let out the property without the necessary Energy rating. These start at a penalty of £2,000 but can reach higher for non-domestic properties. Local authorities will be instructed to review privately let properties and to issue notices and penalties for non-compliance.

Are there any exemptions?

There are certain exclusions and exemptions that could result in this not applying to a property, such as if the Lease or letting is for a term of less than 6 months, or for a term of more than 99 years.

There are additional exemptions which can be viewed and applied for here and we would recommend that you visit this website to see whether you qualify for such exemption(s).

Will the Regulations change in the future?

It is currently proposed that as of 1st April 2020, Landlords will not be able to continue to let a relevant domestic property if that property has an EPC rating of band F or G (as shown on a valid Energy Performance Certificate for the property) so you may wish to consider this if you have other buy to let properties.

If you require further assistance on a property matter then please contact:-

Parkstone office, 257- 259 Ashley Road, Poole, Dorset, BH14 9DY 01202 743286  k.parsons@laceyssolicitors.co.uk

 

Kerry Parsons

Associate — Residential Property

Direct dial: 01202 307869
Switchboard: 01202 743286

Email

  • “Having used Kerry Parsons before for the purchase of our flat we had no hesitation in going to her again for our latest sale and purchase. she is efficient, thorough and always quick to respond. An excellent service by Kerry and her secretary Sharon. We had many questions and queries which she dealt with most satisfactorily. Highly recommended.”

    Mike and Jacky Streeter

  • “Very helpful and always there to give advice or take action if asked to do so. Very focused on the job and always on top of the latest developments and yet personable and ready to take time on the phone to give advice or answer queries without hesitation.”

    Jim Pilling

  • “We are extremely pleased with the service that Kerry has provided to us and wouldn't hesitate to use Laceys again. We would recommend Kerry and her firm at any time based on the quick and responsive way our transactions have been handled.”

    Jackie and Terry

  • “Moving house is meant to be one of the most stressful experiences in life. Needless to say, we did experience some challenges during our recent move, but thanks to Laceys, the legal and conveyancing aspects caused us no problems at all. They come with our full recommendation.”

    Mr and Mrs Lee, Ashley Heath

  • “During the flat buying process Kerry was a constant support and if ever I became worried about anything she would sort it for me quickly and calmly. Kerry was approachable, easy to get hold of and always responded quickly to my emails. I am now happily living in my new home and I can't thank Laceys, Kerry in particular, enough for getting me here. ”

    Mark Baker

  • “First class team, kept me informed at every stage of the conveyancing process, worked tirelessly on my behalf.”

    David Tryhorn

Kerry is an Associate in our Residential Property department based in Parkstone, with her experience spanning over 12 years. Kerry has worked for two local authorities in Dorset as well as within private practice and she now specialises in Residential Property matters including purchases, sales, remortgages, transfers of equity and other property matters including Declaration of Trusts, adverse possession claims and ownership queries.  Kerry became a Fellow of the Chartered Institute of Legal Executives in 2017 having completed the Diploma in Law and Practice (degree level) over 7 years alongside working full time in the legal sector.

Kerry prides herself on being friendly and approachable with a ‘can do’ attitude and really enjoys the fast pace of Conveyancing. There is no matter too complicated and Kerry enjoys problem-solving as is often required on many property matters.

Away from the office, Kerry enjoys spending time with friends and family outdoors and can often be seen out and about with her dog Baxter (and husband!) enjoying some fresh air.  Kerry also joins in with many charity events along with her lovely colleagues.

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