> >

What you need to know about energy performance certificate

Energy performance Certificate (EPC) describes energy efficiency of a property and cost of energy that is required to run a property. It also recommends ways of improving the energy performance of a house. EPC is one of the documents that prospective buyers must ask for during conveyance. It enables them to know their energy obligations if they purchase the property. Landlords must also show prospective tenants the energy performance certificate document. EPC document is not required in listed properties or in cases where a resident landlord leases a room in the same building he lives.

EPC regulations were instituted in 2008. Real estate properties that have been bought sold or let since 2008 have at least one EPC document. Most property owners have registered with the National Register. The National Register enables property owners to trace previous energy performance certificates of their property. They can also compare the energy efficiency of their property with that of their neighbours. An EPC document expires after ten years after which the holder must renew the certificate.

Landlords and sellers are required to avail the report to tenants and buyers free of charge. Any attempt to sell the document to a third person is a criminal offence. The offender is prosecuted and charged a fine of about £200. Property owners get the EPC document at a fee. The amount of fee charged depends on how the property is used, the location of the property, the size of the property and the number of rooms in the rooms.

Generally, EPC charges for commercial properties are more expensive than those for residential properties. The larger property is, the higher EPC charges it will attract. The same goes for some rooms in the property. Homes that are located in the city are also charged more EPC fees. The least amount of money that can be charged for an EPC document is £35. Energy and insulation requirements of domestic and commercial properties are different. EPC documents determine whether a property is considered domestic or commercial. Lofts and cavity walls of domestic properties must be insulated according to the standards of EPC. EPC also determines heat demand figure that is used in the payment of heat pump applicants and non-metered biomass. Heat demand figures are not required in commercial properties.

EPC accurately reflects energy efficiency of a house. If the energy efficiency of your house does not meet required standards, you will need to construct insulators and other fixtures that will improve energy efficiency. You must then hire a Domestic Energy Assessor to find out if the newly improved property meets energy efficiency standards required by law. You will use this information to apply for a new EPC. A copy of the new EPC must be filed with your mortgage lender.

EPC gives a detailed breakdown of how energy is used in a property. Any form of energy is accounted for. The heating and energy effect of walls, roof, ceilings, windows and other structures are included. There are two quantitative scales and two qualitative scales used in grading. One of the qualitative scales uses letters of the alphabet from A to G. A means highly energy efficient while G is poor energy efficient. Numbers 1 to 100 is also used to grade energy efficiency. The number 100 means that the cost of energy is less while 1 denotes the expensive energy cost.

< previous The process of buying a new build property

Difference between Joint Tenants and Common Tenants next >