Why landlords choose myplace Energy Performance Certificate (EPC)
Our business is built on exceeding clients’ expectations and finding the right tenants for your property. Landlords both expect and demand a first-class property management service. Your property will be actively marketed and promoted on our web site; via property portals including FindaProperty.com and RightMove.com; several specialist rental sites and in local media and offices. Creating awareness about your property is our number one objective. At myplace we have an enviable database of corporate and private tenants registered who are prepared to pay high-value rents for the right properties. However, getting the wrong tenant can result in damaged property, impaired relationships with neighbours and rent being paid late, if at all. That’s why myplace will not let your property to just ‘anyone’. Our thorough vetting process evaluates prospective tenants character and finances to ensure that we find the ‘right’ person for your property. After finding a tenant, we provide a comprehensive tenancy management service that includes collecting the rent and handling all administration issues. If you have a property you would like to let or simply require some advice about the local market dynamics, please contact a member of our team at one of our offices who, using our unrivalled knowledge of the locality, will provide you with a free valuation. The Regulations
EPCs were first introduced by the UK government with the production of the Energy Performance of Buildings (Certificates & Inspections) (England & Wales) Regulations 2007.
EPCs for rental properties are required from 1 October 2008 and have a longer life (10 years) than those that are part of a HIP. They will be in an identical format as the EPC in a HIP.
Marketing the Property
It is the duty of the Landlord or their agent (dependant on their arrangement) to have the EPC available for marketing purposes or at the very least to have commissioned an EPC from an accredited assessor before the property is marketed.
The EPC must be given to a prospective tenant at the earliest opportunity and in particular where a tenant requests a copy of the particulars or at the very least before entering into the contract to let. A copy of the EPC must be given to whoever ultimately becomes the tenant.
The Trigger
The EPC will be required whenever a property is marketed or let to a new tenant after 1 October 2008. One is not therefore required when a lease is renewed to an existing tenant. Where marketing is initiated pre 1 October 2008 and continues to be offered for let after the 1 October, an EPC will be required from this date.
Households in Multiple Occupation
As a general rule EPCs are required for self contained dwellings only, i.e. they do not share essential facilities such as kitchen, bathroom or WC and they have their own entrance either through common parts or outside.
Only one EPC will be required for a property with multiple occupations and shared essential facilities if the property is rented as a whole. Lodgers who rent rooms in a house generally let the room under a license agreement and therefore do not require an EPC.
Validity of EPCs
EPCs are valid for 10 years when commissioned for rental properties and can be reused as many times as required within this period. A new EPC is not required every time there is a change of tenant within this period. EPCs for sale when commissioned as a part of the Home Information Pack are valid for 12 months only, as a HIP only lasts 12 months.
EPCs for rental properties and properties for sale are transferable provided they fall within the validity period.
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