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I recently viewed a property that had a very poor energy efficiency rating of G and an enviro impact of F rating.
I see from old posts that this would not be acceptable to be let out! I am wondering what the latest and/or forthcoming legislation is about this.
The property i've viewed didn't seem that bad, it was a mid terraced house, had double glazing throughout and very thick insulation in the loft and some kind of insulation/padding in the roof space. It had no central heating though and a coupe of electric radiators apart from that i could not see any big problems.
I know very little about the ratings certs, rules or how they are applied, seems to be little info about it.
How would a bad cert be improved without spending a fortune, what exactly are the criteria are they looking for, and how would you know if a house would be approved with a decent rating, i.e where would you spend the money improving things?
How critical is it for lettings and would a poor cert put you off buying a property?
Disclaimer: I have no legal expertise nor am I a qualified advisor on any subject. A humble landlord using an open forum to exchange ideas and experiences.
Basically this property needs GCH to get an acceptable EPC rating of a minimum of E grade to be let currently and it is mooted to soon go to C grade as minimum for letting - so I guess you are looking at £3k to £4k to install a complete GCH system.
And of course, taking into account the changes in legislation, re installation of new gas boilers from 2025!
If EPCs are currently downgrading properties because they don't have gas central heating, I wonder when will this change, so that gas boilers aren't seen as a better option?!
Freelance Administrator for Property Investors / Entrepreneurs
Find me on LinkedIn: http://www.linkedin.com/in/heleneade/
Quite so - my understanding of EPC regs is the core ethos was "Gas is good - Electric is bad" in terms of domestic fuel costs - so newbuilds from 2025 will likely have more expensive heating costs unless insulated to nth degree.
At present build rates - we are adding circa 1 million new builds every 5 yrs - against a total UK stock of over 25 million homes - so it will be many decades before newbuilds in aggregate comprise more than a minute portion of total housing stock.
I do not know how the legislation has/will be framed exactly - ie will it preclude a buyer of a new home from later installing GCH - or is it just the developer who is prevented from installing GCH? Electric wet CH boilers can be easily installed but all relevant PT threads suggest they have horrendous running costs. Ground/air source heat pumps also sound impractical in real world scenarios.
A lot of unknowns, that's for sure! The different departments need to be communicating. Isn't this what leads to a lot of problems, eg. with fire safety measures, when one department says this cladding is acceptable, whilst that department says the same cladding is not?!
No chance of property investors being bored on winter's evenings....always something to be reading up on ;-)
Yes most public bodies seem to operate with a silo mentality - allied to a box ticking mentality engendered by the current ethos of accountability being satisfied with those tick boxes and thus avoiding litigation.
I couldn't have put it better myself ;-)
I would recommend reading this article as not only is the property un-lettable, it is also un-mortgageable:Energy efficiency 2018 - threat to landlords If you purchased it at a deep discount for cash or bridging, made it lettable, you would then add value and be able to re-finance to redeem the bridge/cash.This video has details of a special product that works well in this scenario:
Vanessa Warwick Landlord and Co-Founder of PropertyTribes.com **If you have got value from Property Tribes, find out how you can support it in remaining a free to use community resource**
* New build residential developments and flat conversions in the Home Counties* High end HMOs in Reading and Bracknell