This article explains what Energy Performance Certificates (EPCs) are and clarifies the rules surrounding the legislation, before assessing just how important an EPC is to homebuyers and landlords in terms of a property’s future value.
What is an EPC?
It is a four-page document incorporating a traffic light system of A-G gradings to examine a property’s energy performance. It shows how much it will cost to heat and power a property and makes recommendations for energy efficiency improvements, along with the costs of carrying them out and the potential savings that each could realise.
An EPC is needed within seven days of marketing a house for sale or rent. An EPC cannot be amended or updated; if an owner wishes to include any improvements carried out, a new EPC will be needed. Whenever a property is built, sold or rented, an EPC is required. EPCs became a legal requirement in England, Wales and
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