MEES
MEES (Minimum Energy Efficiency Standards) are regulations that require privately rented properties in England and Wales to have a minimum energy efficiency rating of “E” on the Energy Performance Certificate (EPC), prohibiting the rental of properties with ratings of F or G unless certain exemptions apply.
EPC regulation changes affecting landlords
An EPC will always need to be provided by the landlord prior to a property being let. However, the current regulations surrounding EPCs are due to change this year, affecting landlords and their rental properties. New Minimum Energy Efficiency Standards (MEES) are coming into force in April. From 1st April 2018, any properties rented out in the private rented sector will need to have an EPC rating of at least ‘E’ – properties rated as ‘F’ and ‘G’ cannot lawfully be let out after this date. In the first instance, these changes will apply to new lets and tenancy renewals only. However, they will apply to all tenancies, new and existing, from 1st April 2020 onwards.
Landlords can make improvements to their properties (should they fall into the F or G categories) at no cost of their own by calling on third party finance. It is in a landlord’s best interests for their properties to be as energy efficient as possible, as this should will appeal to tenants. The prospect of lower energy bills and a warmer, better insulated property will always prove attractive to tenants. And if the landlord ever experiences a void period, and has to cover the energy bills, both the landlord and their tenants will benefit from the savings.
Both domestic and non-domestic landlords in the private rented sector can find full information on the EPC regulation changes here.
It is in the interests of both landlords and homeowners (especially those who plan to sell their property at some point) to continue to improve the energy efficiency of their properties to achieve a higher rating where necessary. While the minimum energy rating is currently E, this is likely to change in the coming years, as the government strives to reduce carbon emissions through improving the energy efficiency of properties.
If you’re planning to sell your property and need help obtaining or renewing an EPC, our team can help.