123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Investing---Finance >> View Article

Energy Performance Certificate - Know More About Them!

Profile Picture
By Author: Sadhana
Total Articles: 2542
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Landlords and house owners usually spend a sizeable amount of money on property. It is imperative on part of landlords to have an Energy Performance Certificate. An EPC holds significant amount of importance as it states the energy consumption of a house or building.

You can get a copy of a valid EPC if you are thinking of buying or renting a property. Basically, the EPC is included in the Home Information Pack (HIP) that the seller must have completed before starting to market the property. If you are a landlord, it is advisable you must have a valid EPC as this will be required when you change tenants.

The Energy Performance Certificate and recommendations report must be provided free of charge by the landlord to potential new tenants at the earliest opportunity. It means that:

When a prospective buyer wishes to buy a house, he must be provided with an EPC

Moreover, information on the property must also be provided in writing at the request of a potential tenant

It is necessary to provide an EPC before a tenant signs a contract to rent the property

It is a must to have an EPC when ...
... a landlord wishes to change the tenants. It must also be provided before the start of the new tenancy or before the house is put on sale. In case, a landlord plans to sell a building or land premise, he or she must make available a copy of an EPC to the prospective tenant. The owner must have an EPC when a house or building premise is put on sale. In case, a building is leased through an agency, you may wonder who is responsible for purchasing an EPC. This depends on the contract between building owner and tenant.

In case, you happen to lose an EPC, you can obtain a copy of it. If the property was subject to a building warrant on or after 1 May 2007, the information will be held by the local authority. If not, you can contact the approved organisation whose member produced the original EPC.

However, there are certain exceptions to an EPC. An EPC is not required for places of worship, temporary structures that are not scheduled to be used for more two years, industrial sites, workshops and non-residential agricultural buildings with low energy demand, standalone buildings with a gross internal area of less than 50m2 (such as a garden shed or summerhouse) and buildings that are scheduled to be demolished. If you are aware of these conditions, it becomes easier to avail an EPC.

Sadhana D, Expert Author, Platinum status. Get all your tips related to Landlord Insurance from: Tenant Screening

For more information on EPC: Residential energy performance certificates

Total Views: 277Word Count: 458See All articles From Author

Add Comment

Investing / Finance Articles

1. India Vix: The Fear Gauge That Traders Rely On
Author: Chandan Sharma

2. Mortgage Loans In Hyderabad: Beyond Homes, Building Long-term Assets
Author: anilsinhaanni

3. A Complete Guide To Commercial Funding: Types, Pros & Cons
Author: Express Loan Services

4. How Commercial Property Loan Options Are Opening New Doors For You
Author: Truhome Finance

5. Stock Market Mentor
Author: Stock Market Mentor

6. Msme Statistics And Economic Impact In The Philippines
Author: MSME

7. How To Find The Best Equity Release Interest Rates: A Comprehensive Guide
Author: Financeadvisors

8. How Housing Finance Solutions Are Becoming Simpler Day By Day
Author: Truhome Finance

9. Bridging Loans Finance Lenders: The Bottom Line
Author: Bull Venture Capital

10. Why Low Interest Personal Loans In Hyderabad Are Perfect For Young Earners
Author: anilsinhaanni

11. Professional Ipo Advisory Services In India – Guiding Businesses From Private To Public
Author: Indiaipo.in

12. Comparing Different Online Pay Methods: Upi, Wallets, And Cards
Author: Saloni Mehta

13. 7 Common Myths About Term Insurance That Need Debunking
Author: Saloni Mehta

14. How Perth Settlement Services Support First-home Buyers And Investors
Author: Amelia Brown

15. Key Factors To Consider Before Choosing A Financial Advisor
Author: sonihegde

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: