Yes. It is a legal requirement to have a valid EPC for a property when marketing for sales and/or lettings. There are exemptions for certain property types, and all exemptions have to be registered on the national register. Each registered exemption is valid for five years.
In addition, from 1st April 2018 any property let on a new tenancy or a fixed term renewal must meet the new minimum EPC rating of E or higher. As EPCs only last for 10 years and became compulsory in 2008, it is important to check that your EPC is still valid and the rating is E or higher. From 1st April 2020 it will not be possible to let any domestic property that has an EPC rating of F or G. Furthermore, if a landlord wants to back possession of a property let on an Assured Shorthold Tenancy it is legally necessary to have a valid EPC before serving notice on a tenant.
An EPC assesses the energy performance of a property, from "A" representing the most energy efficient property to "G" representing the least energy efficient property. It must be carried out by a qualified Domestic Energy Assessor and will also show a building's environmental impact by indicating its carbon dioxide emissions. The assessor looks at factors such as the wall, floor and roof insulation, boiler efficiency, and even the type of lightbulbs in use. All EPCs can be found on the national register accessible here.
A valid EPC will last for 10 years and can be used for multiple tenancies within that period so long as the rating is not F or G. This is because from 1st April 2018 any property let on a new tenancy or a fixed term renewal of tenancy must have a minimum EPC rating of E or higher. A new EPC should be arranged for a rental property as soon as an existing certificate expires to maintain a valid EPC at all times.
Foxtons are able to arrange for an EPC to be carried out on your behalf. The cost of an EPC will be £150.00 including VAT.
For more information please call 0800 369 8667 or email Lettings.EPC@foxtons.co.uk.