EPCs, also known as Energy Performance Certificates, were introduced in 2007. They were introduced to give home buyers a better understanding of the energy efficiency of the property they were looking to purchase. They are valid for 10 years from the date of issue. The EPC is a legal requirement if you are selling or renting a property. But do home buyers need an EPC?
Why Home Buyers Need An EPC
Home buyers should receive a copy of the EPC from the person selling the home. The EPC can then be used to plan energy efficiency improvements to the property.
Why Home Sellers Need An EPC
It is a legal requirement for sellers to have an EPC for their home before they sell it. As your Peterborough based estate agent, we can organise the EPC for you. Alternatively, you can do it directly with an EPC provider.
Why Landlords Need An EPC
Just as it is a legal requirement for sellers to have an EPC for their home, it is a legal requirement for landlords to. Landlords must ensure that their buy to let property has an energy efficiency rating of E or above before new tenants can move in. Soon it will apply existing contracts too. If the energy efficiency rating of your rented property in Peterborough is below E you may want to look at the Green Homes Grant, we shared details of it in this blog post.
Why Tenants Need An EPC
If you are a tenant of a rented property in Peterborough, you should receive a copy of the EPC for that property. You can then use the results of the EPC to help you plan and budget for your energy costs in that property.
An EPC document includes an assessment of the current energy performance of the property. It also gives estimated energy costs for the property. There is an additional part that shows the potential energy efficiency of the property if you were implement the recommendations in the report. This is why home buyers need an EPC. They can see the energy bills they can expect and how they could make these lower.
If an energy efficient home in Peterborough is really important to you as a house buyer, call our team of friendly estate agents now. We can send you the details of energy efficient homes in Peterborough and arrange in-person viewing too.