What You Should Know About the Energy Performance Certificate
You must know that the energy performance certificate or the EPC actually provides the energy consumption report of the building or the house. The landlords as well as homeowners can really benefit by having this type 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. Such guides them to make a good decision.
When you plan to rent out a home or a building premise, then you should be provided with a copy of a valid EPC. Know that the EPC is actually included in the HIP too or the Home Information Pack which the seller should complete before marketing the property. As a landlord, you must have a valid EPC before you change the tenants.
You aren’t restricted to have a new EPC each time you would change your 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 can actually be repeated when you fail to apply for an EPC.
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All the potential tenants must have a copy of the EPC or the Energy Performance Certificate and the recommendations report. This can be beneficial to both later on. From the perspective of the tenant, such can help them evaluate the building’s value. The building premise owner or a homeowner may benefit through showing the value oriented EPC.
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You may require an EPC at a point in which a building is to be sold or when you want it rented out. The homeowner must get a copy of the valid EPC. The building certificate should also be available free of charge to the potential buyer or the 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 the new EPC will be needed when you are going to change a tenant. Well, the answer is no. The EPC can actually be passed from tenant to tenant. Know that this certificate is valid of 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.
You must also understand that the EPC would carry two charts. One must show the energy efficiency rating and the other must show the environment impact according to the CO2 emissions in the building which is on a scale of A to G and A is the best score.