Landlords prepare for EPC deadline
Published: 27/11/2007
Buy-to-let property investors are working hard to ensure that they are prepared for October 1st 2008, when the rules change regarding Energy Performance Certificates (EPC).
From that date, it will be mandatory for landlords to make the EPC for their rental property available to tenants.
The National Landlords' Association (NLA) points out that many investors are ahead of the game on the issue but also warns that the rest need to start thinking about making their properties more energy efficient.
"The NLA and its members have long been committed to improving the quality of rented accommodation. They know that an energy efficient property makes good business sense because it will be more appealing to tenants, will command a premium rent and also help save the planet," said David Salusbury, chairman of the NLA.
"By improving the standard of their properties, landlords are able to improve the quality of life for tenants as well as helping to maintain the fabric of the building and investing in their own futures.
"With EPCs on the way next year landlords should start looking around now to see what deals might be appropriate for them - it may well give them a market advantage and help attract and retain responsible tenants for longer," he added.
Mr Salusbury pointed out that installing an efficient boiler, double glazing and lagging pipes can help to improve the energy efficiency of a property.
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