Will EPCs Be Removed?

There is fresh debate on the importance of Energy performance Certificates (EPCs) and at Ariston Property, we are here to ensure you remain up to date. If you are looking to make an informed decision in the North London property market, we are here to help. Please contact us if you are keen to make a move.

There is fresh debate on the importance of Energy performance Certificates (EPCs) and at Ariston Property, we are here to ensure you remain up to date. If you are looking to make an informed decision in the North London property market, we are here to help. Please contact us if you are keen to make a move.

What is an EPC?

An EPC is a document which details the energy-efficiency of a property. This information is provided in a ranking system from A through to G. A is the most-efficient rating.

Information contained within the EPC offers an indicator of what it takes to power a property, and the cost of heating the premises. The EPC also offers energy-efficient improvements, the cost of these improvements, and the potential cast savings a property owner can enjoy from these improvements.

Do I need an EPC?

If you are selling or letting a property, you must have an EPC within seven days of doing so. If you are working with a reputable agent, they will do this on your behalf. EPCs have been a legal requirement since 2008 in England.

If you attempt to sell or let a property without an EPC, you might face a fine of up to £5,000.

What types of EPCs are there?

There are three types of EPC:

1. A domestic EPC

2. A commercial property EPC

3. A public buildings EPC

Committee chairperson Philip Dunne says: “Making 19 million homes ready for net zero Britain by 2050 is an enormous challenge that the government appears to have not yet grasped. in the next 29 years, the government must improve energy efficiency upgrades and roll out low carbon heating measures: a material start must be made now. Government investment to improve energy efficiency has been woefully inadequate. The £9 billion that the government pledged at the election was welcome, but 16 months on, there appears to be no plan nor meaningful delivery.”

Philip Dunne also said; “Funding allocated for the Green Homes Grant has not been spent, with only £125 million worth of vouchers – of the £1.5 billion budget – issued. Further schemes that endure must be rolled out, boosting the government’s credibility with householders and their contractors that it is determined to decarbonise the nation’s homes. This will give confidence to businesses that they can invest in upskilling and green jobs. “

Philip Dunne concluded by saying; “Consumer advice must also make clear the necessity and benefits of retrofits: although installations may be disruptive for a short period, in the long run consumers can enjoy warmer homes with lower energy bills. This must be properly reflected in the system that assesses energy efficiency: EPCs are outdated and should be replaced with Building Renovation Passports, which set a clear pathway to decarbonise homes. Realism needs to be injected into the government. A much better understanding of cost, pace, scale and feasibility of skills development is desperately needed for net zero Britain.”

We know these are challenging times, but if you have any questions about the local property market, please feel free to contact us. At Ariston Property, we aim to support the local community as best we can, and we look forward to assisting you in any way.