Energy Performance Certificates
When buildings are to be rented out, the landlord is responsible for ensuring a valid certificate is made available to all prospective tenants. The EPC and recommendation report must be made available free of charge by a landlord to a prospective tenant at the earliest opportunity and no later than:
- When any written information about the building is provided in response to a request for information received from the prospective tenant; or
- When a viewing is conducted; or
- If neither of those occur, before entering into a contract to sell or let.
An Energy Performance Certificate does not have to be made available if:
- The landlord believes that the prospective tenant is unlikely to have sufficient funds to purchase or rent the property or is not genuinely interested in renting that type of property; or
- The landlord is unlikely to be prepared to rent out the property to the prospective or tenant (although this does not authorize unlawful discrimination).
Homes will require an EPC on rent from 1 October 2008. An EPC for rented property is valid for 10 years. The only person who is able to produce an Energy Performance Certificate is an accredited energy assessor. More information can be found by clicking here.
If you have to move in the near future, for whatever reason, think carefully before selling your home. Letting is a very attractive option:
- It helps pay the mortgage
- It keeps you on the home ownership ladder
- New laws make it much easier to let
- In many cases your income will not be taxed
We will be pleased to call to advise you on the market rent for your property. Rents are payable by the tenant monthly to our client account. You will be paid direct from this account and we will prepare, at regular intervals, an income and expenditure account which you can send to the Inland Revenue.
We collect a deposit from the tenant to safeguard against damage. At the end of the tenancy we will inspect the property and the costs of any work attributed to the tenant will be deducted from the deposit.
We will find a suitable tenant for your property and take up references and credit checks.
We will prepare a legal agreement under current legislation. In general this will be for a period of not less than 6 months which can then either be renewed or changed to a month to month basis. This gives you the flexibility to re-occupy the house after giving the tenant two month's notice to quit. Similarly the tenant may terminate after the initial period by giving at least one month's notice.