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Energy Performance Certificates from 1st October 2008
Energy Performance Certificates from 1st October 2008
As from 1st October 2008, all landlords granting new tenancies of either commercial or residential property and all sellers of commercial or residential property must supply an EPC to their new tenant or buyer. This applies even if the property is not marketed and includes transactions between family members or associated companies. There are, however, a few exemptions:- 1)lease renewals to the same tenants Energy Performance Certificates are prepared by especially trained Accredited Energy Assessors. Commercial EPC’s will need an inspection from an Accredited Energy Assessor who has more advanced qualifications and this will take longer to prepare and cost more. Both types of EPC’s will be valid for up to 10 years unless major alterations are made to the property. Penalties The fine for not providing a commercial EPC is a minimum of £500 and maximum of £5,000 ( depending upon Rateable Value), and the fine for not providing a residential EPC is £200. So if you are considering selling, buying or renting any type of property either commercial or residential, require assistance in finding a suitable Energy Assessor or simply require some helpful advice then there’s only one place to come. Just pick up the phone for a free introductory discussion.
We are able to offer specialist advice. Call 01323 720142 now for a consultation with a specialist Solicitor or a Lawyer at Lawson Lewis & Co.
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