A good rating means a lower carbon footprint and lower energy bills, which is music to the ears of any potential buyer when they come to sell. The green seal of approval could even attract reservations from some of the most environmentally conscious vacationers.
Rent a holiday home in LONDON
You need an Energy Performance Certificate in London if your property is rented to guests for more than four months each year.
If your property is rented for less than four months each year, you will still need a certificate if you use more than 25% of your annual energy consumption during those months. For example, if you rent your property during the summer months and use it during the rest of the year, energy consumption should be fairly constant and you are unlikely to need a certificate. If your property is only occupied by guests during the summer months, most of the energy of your property will be consumed then, so you will still need a certificate.
If you currently have a long-term tenant staying on your London property, you will only need a certificate when you come to announce a new tenant.
Sale of a holiday home in LONDON
You must have an Energy Efficiency Certificate when you sell your London property. Although the certificate does not require a rating, a low rating may affect the amount that buyers are willing to pay.
After your property has been rated, if you make some improvements in energy efficiency, consider re-classifying it to attract more buyers.
Buy a holiday home in LONDON
All property sold as of June 1 must have an Energy Performance Certificate. As a buyer, if you are not shown a certificate, you may have reason to claim compensation against the owner and real estate agents.
How much does an EPC cost
Energy Performance Certificates in London cost around £69 for 1 to 3 beds . The cost depends on the size of your property: and 4 to 5 bed its cost is £79 and in commercial activity £150-£250 according to the size of property
New homes built after 2007 should already have certificates. However, there are reports that many do not. If your property is newly built, it is worth checking it twice so that you do not get caught with a substantial fine.
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