Banks warn landlords about MEES update
Elmhurst has been made aware of at least one UK bank sending letters to their buy-to-let landlords outlining the updated Minimum Energy Efficiency Standards (MEES) for England and Wales
The legislation first took effect in April 2018 and stipulated that private rented properties must have an Energy Performance Certificate rating of ‘E’ or above before being let. However this did not apply to existing tenancies.
On 1st April 2020 the regulations were extended to include any existing letting arrangements.
Failure to meet these new requirements will result in the landlord receiving a large fine, unless they have a registered exemption.
Similar legislation has been proposed for Scotland, with a date to be confirmed.
Elmhurst Energy’s Managing Director Martyn Reed is “delighted that lenders, and other professionals in the housing sector have realised the value of EPCs. The unambiguous message from lenders is clear ‘Check your EPC and if you haven’t got one then contact your local energy assessor’, a message that we in the energy assessment sector have been shouting for years”.
Article published: 01/05/2020