Estate agent PFK can help landlords deal with changes to properties’ energy efficiency.
The Minimum Energy Efficiency Standard (MEES) comes into force this April after which it will be unlawful to rent a property which has an energy performance certificate (EPC) rating below E.
Unless there is an applicable exemption, a fine of up to £4,000 will be imposed for breaches.
Regional estate agent PFK wants to help landlords to ensure their properties have an EPC rating of E or above.
You will be familiar with the current EPC needed by every property before it can be advertised, but you may not know that standards have become more stringent and your property may even be downgraded at reassessment.
EPCs last for 10 years and many of the early EPCs will now be due for renewal. Can you afford to put your revenue stream at risk?
PFK can arrange a Compliance Advisory Report, carried out by Eco Energi, which can then advise what measures should be undertaken to raise the energy rating of your property. They can also advise what finance may be available under Green Deal to complete any works. It’s a simple four-stage process:
Assessment. A Green Deal assessor visits the property and assesses its individual energy-efficiency needs, taking MEES into account.
Advice report. The assessor will recommend the energy-saving measures appropriate for the property that can be financed through the Green Deal in a Green Deal advice report.
The plan. The Green Deal provider will produce a Green Deal plan which sets out the measures to be installed, repayments and interest rates that will be charged.
Installation. A Green Deal approved installer will be contracted to undertake the work. It is a condition of the Green Deal Code of Practice that only an authorised Green Deal installers with PAS 2030 qualifications can undertake the work.