LANDLORDS across Chorley need to be aware of new regulations designed to make properties across the region more energy efficient.
Thanks to measures that came into force in April, tenants living in private rented homes have the right to request improvements.
These can include insulation or other energy efficiency measures and under the new rules, a landlord cannot reasonably refuse. At the moment, the upfront costs of installation may be met by tenants or through an energy efficiency scheme, unless the landlord agrees to make a financial contribution.
An Energy Performance Certificate (EPC) gives a property an energy efficiency rating from A, the most efficient, to G, the least efficient. It is valid for 10 years and is required every time a home is built, sold or rented.
You can discover more about EPC ratings and the sort of information the certificate provides here.
From April 2018, properties which fail to make at least an EPC E rating can no longer be let out to tenants.
Although this legislation could be seen to be another drain on the private rented sector, there are advantages to making sure your property is as energy efficient as it can be:
• Insulation can protect against damp and therefore ensure the structural integrity of your property
• A warm home means increased comfort and lower bills for your tenants
• Better energy efficiency may mean increased rental value
Financial support through schemes such as the Green Deal are no longer available but energy companies are still required to make sure their customers have access to energy efficiency measures.
The Energy Company Obligation is provided by larger suppliers and is a Government backed scheme aimed at occupiers and landlords. For more information, contact your energy supplier directly or click here.
Are you interested in renting out your Chorley property? Contact a member of our team on 01257 547062.