How agents can win with the new Electrical Safety Regulations – Estate Agent Today

26 May 2020 197 Views

Letting agents up and down the country have undoubtedly felt the financial strain added by the outbreak of COVID19. Whilst this will continue, agents should grab a hold of opportunities to add value to their existing services and increase revenue – cue the ‘Electrical Safety Standards in the Private Rented Sector (England) Regulations 2020’.

Here are the facts…

1st July = New tenancies must have a satisfactory EICR to be let.

1st April 2021 = All existing tenancies must have a satisfactory EICR.

Certificates will be valid for a maximum of 5 years.

Failed EICRs have 28 days (or less if stated by the electrician) to resolve any issues and obtain a satisfactory report.

There is no upper spending limit for landlords when it comes to remedial works.

How to win

The incoming electrical safety

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