A MEES Reminder: Tips For West London Landlords

Landlords have a lot of regulations to follow, so make sure you are aware of MEES, and how changes may affect your rental property.

With so many regulations to consider, it is difficult for local landlords to stay in touch with rules. If you need a reminder, or you are lacking in knowledge about key rules, we are here to help. The Minimum Energy Efficiency Standards (MEES) regulations came into force in April 2018, and West London landlords must comply with these regulations.

The regulations make it illegal to renew or let an assured tenancy when the property holds an F or G rating in its EPC. As of the 1^st of April 2019, these regulations extend to all privately let assured tenancy properties, so it is not a bad time to familiarise yourself with some of the key features of the regulations.

Your rental property must hold a rating of an E or better

Your property must hold an EPC rating of E or higher. If your rental property holds a rating of an F or G, it is best to have it reviewed as quickly as you can. The EPC provides you with tips on how to improve the energy efficiency rating of the property. With this information, it will be easier for you to make changes that impact the energy rating, and ensure your rental accommodation is valid to let to tenants.

If you fail to comply with the regulations, you may face a fine of up to £5,000 from the local authority. This fine may come in the form of various penalties, including:

• A fine of up to £2,000 for failing to comply with a council-issued compliance notice
• A fine of up to £4,000 for breaching regulations for a minimum of three months
• A financial penalty of up to £1,000 if you provide false or misleading information on the PRS Exemption Register

It is hoped the threat of these fines persuade landlords of the importance of complying with the regulations. Given the average EPC rating for property in the United Kingdom is D, it is not unreasonable to say many rental properties may have an issue in complying with the regulation.

Landlords benefit from an energy efficient rental property

Landlords should also consider the benefits of improving the energy efficiency rating of the property. A more energy efficient home is likely to hold more value. Also, if energy bills are more affordable in the rental property, there is an argument that tenants can be charged a higher rental fee, as they can still save money in the longer-term. If you focus on keeping tenants happy, you may find being a landlord easier, and energy efficient property assists in this matter.

We know many West London landlords struggle to keep up to date with regulations, and MEES is just one regulation to consider. We aim to offer as much guidance and support ads we can to local agents. If you need guidance on this matter, or any matter when it comes to letting your West London property, please get in touch and we will be happy to help.