Should I Buy a House or a Flat?
The age-old debate between buying a flat (apartment) and a house continues to be somewhat of a dilemma for homeowners. Each option comes with...
Whether you’re gearing up to sell your property, rent it out, or simply want to improve the energy efficiency of your home, understanding what an EPC is and how much it costs is your first step towards reaching your goal. How Much is an EPC The cost of an Energy Performance Certificate (EPC) can vary […]
01 December 2023
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Whether you’re gearing up to sell your property, rent it out, or simply want to improve the energy efficiency of your home, understanding what an EPC is and how much it costs is your first step towards reaching your goal.
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The cost of an Energy Performance Certificate (EPC) can vary based on factors such as the size and type of the property and the location of the surveyor. Generally, the price for an EPC falls within a range of £50 to £120, and it is advisable to obtain quotes from accredited assessors in your area, who will then carry out a survey and provide you with an EPC report for your property. Remember that depending on the suggestions made, there may also be costs involved if you want to make any of the suggested improvements in the report.
EPC surveys are typically conducted by qualified and accredited energy assessors, usually in your local area. The survey itself typically takes around 1 hour to complete and the assessor may need access to your loft. The EPC Register is a directory of accredited Energy Assessors throughout the UK. These professionals have the expertise to evaluate various aspects of a property’s energy efficiency, such as insulation, heating systems, and lighting and they use specialised software to accurately calculate the energy efficiency of your property. Not everyone is qualified to carry out an EPC assessment. Be sure to hire an accredited assessor to ensure the survey meets legal requirements and provides accurate information. The Certificate is then sent to the agent and/or property owner within 2 days, is logged with the Landmark Registry and stored on the government portal, where you can find a copy of your report.
Energy performance certificates cover a range of information related to a property’s energy efficiency. They include an energy efficiency rating, ranging from A (most efficient) to G (least efficient), as well as recommendations for potential energy improvements. The assessor will look at things like walls, roof, insulation, windows and boiler. The report also provides you with details about the estimated energy costs for your home. One of the good things about an EPC report is that it offers advice on how to reduce energy consumption and improve efficiency, which can save you money on the cost of running your home.
In the UK, an EPC is required whenever a property is built, sold, or rented. If you are selling your home, ensure you have an EPC report before you place your property on the market. The earlier you get the assessment, the more time you will have to make energy improvements to your home and make it more attractive to potential buyers. If you are a landlord letting out a property you will need to provide your tenant with a copy of the EPC report.
While EPCs are generally required for most residential and commercial properties, there are certain exemptions. These exemptions may include listed buildings, temporary buildings, certain industrial properties such as workshops, buildings due to be rented out or sold with vacant possession and buildings due to be demolished. Always check local regulations and seek professional advice to confirm whether your specific property falls under an exemption.
An Energy Performance Certificate is typically valid for 10 years. After this period, a new assessment is required to ensure that the information provided accurately reflects the property’s current energy efficiency status. To check your report, visit the Government website.
To obtain an EPC, you need to hire an accredited energy assessor. They will visit the property to conduct the survey and provide you with the certificate, including recommendations for improvements. You can find accredited assessors through various online directories or by consulting with your local authorities.
Yes, landlords in the UK are required to have a valid EPC for their rental properties and rental properties currently need a rating of E. It is the responsibility of the landlord to ensure the certificate is made available to prospective tenants, allowing them to assess the property’s energy efficiency. Failure to comply with EPC regulations can result in fines of up to £4,000, so it’s essential for landlords to prioritise getting their property assessed. There is, however, a cap of £3,500 on how much you have to spend on improving the energy efficiency of a rental property. Under the Minimum Energy Performance of Buildings Bill, the Government proposed increasing the minimum EPC rating for rental properties to C, but the Government changed its position in 2023 and opted to ‘encourage’ landlords to make improvements where they can.
From mortgages and insurance to viewings, offers, exchange and completion, our Buyers’ Guide will take you through everything, step by step, from start to finish.
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