Do You Need an EPC to Sell Property?
A Quick Introduction to Energy Performance Certificates
An Energy Performance Certificate (EPC) is a document that assigns an energy efficiency rating to a building or property. This rating ranges from A (very efficient) to G (very inefficient), depending on the amount of energy required to power the building. EPCs are used in both domestic and commercial environments, providing important information about the energy consumption and costs associated with each building.
The figures given in the EPC are usually based on average usage patterns and may not reflect your exact circumstances, so you may find yourself paying higher or lower costs depending on how you use the property. In Scotland, an EPC must be displayed somewhere in the property when it is built, sold, or rented, and is valid for 10 years from the date of issue.
Why Are EPCs Important?
An EPC can be a critical factor when it comes to buying or renting a property. It provides potential buyers and tenants with important information about the bills they could face in the future, as well as any improvements that could potentially reduce their energy costs. With rising energy bills, an EPC survey can make all the difference. It will provide information on the property’s current:
- Information about the property’s energy efficiency, including CO2 emissions, amongst other criteria
- Lighting and heating costs of the property
- Recommendations to increase the energy efficiency and cut costs
- If the recommended improvements were made, what the energy efficiency rating could be
Are They a Legal Requirement?
An EPC is required by law when selling or renting residential property; When it runs out, it must be updated. Since they weren’t previously required by law, it’s worth checking to see if you have one if you owned your property prior to 2008. There are some exceptions to this rule. Exempt properties include:
- Places of religious worship
- Non-permanent buildings that will be used for less than 2 years
- Independent structures with a floor space of less than 50 square metres
- Agricultural buildings that aren’t residential
- Industrial workshops and sites
- Buildings that are going to be demolished
- Any accommodation that’s used for less than 4 months a year
Your Local Authority Building Control Department may impose a fine of between £200 and £5,000 on you if you do not have an EPC. Find the complete list of exemptions and more information on the UK Government website.
How is an EPC Survey Conducted?
To receive an energy performance certificate, an accredited EPC assessor must survey your premise – this is one job you can’t DIY. Look no further than Government Website for lists of approved professionals that are certified.
When it comes to getting an domestic or commercial EPC, rates range from £60 to £120 – so make sure you shop around before choosing the assessor that works best for you. At EPC for You, we offer a tailored service for both domestic EPCs and commercial properties.
During the visit, all necessary information is gathered, including:
- The building’s size
- Any lighting
- Any insulation or cavity walls
- Heating type and hot water sources
- Glazing and ventilation
How Do EPC Ratings Affect Your Property?
Property Value
If you’re looking to increase the value of your property, an Energy Performance Certificate (EPC) contains recommendations and improvements that can add up to 20%. For example, insulation, double glazing, or renewable energy sources.
Not only that but reducing carbon emissions and making buildings more efficient is all part of the government’s plan towards achieving Net Zero in 2050.
Marketing and Selling Property
With an Energy Performance Certificate (EPC) being legally required, it’s essential to get this part of the process sorted before you can even list your home on the market. Potential buyers and tenants will want to see the EPC, so they know exactly what kind of energy efficiency awaits them in their new abode.
Frequently Asked Questions
Can You Privately Sell Property Without an EPC?
An energy performance certificate must be shared with the potential buyer as part of the process of selling a property.
How Long is an EPC Valid for?
An energy performance certificate is valid for a decade. After 10 years, it must be renewed.
Is There a Minimum EPC Rating for Selling Property?
There’s no current set minimum EPC rating for properties. However, for new tenants since 2018 (and pre-existing since 2020) the minimum is band E.
There’ll be some notable changes to the MEES regulations this year. Landlords and tenants alike should take note: Starting April 1st of 2023, all new tenancies must adhere to a minimum EPC rating of C. For existing tenancies, this requirement will be in place by 2025. On top of that, commercial property owners will need ensure their lettings reach an energy efficiency band of “E” or greater.
Explore Our EPC Solutions
At EPC for You, we’re committed to creating a more energy efficient future. Our team of expert assessors have the necessary qualifications and experience to make sure you get the highest standard of service – all in line with Government expectations. We offer an extensive range of services that can help drive domestic and commercial efficiency, including both domestic and commercial EPCs and Display Energy Certificates.
Struggling to navigate your options? Our friendly team of experts are here to help. Contact us today.