Energy Performance Certificates (EPCs) were introduced in 2007 to give buyers a better understanding of the energy efficiency of a property they may wish to buy. The EPC is a legal requirement if you are selling or renting a property and are valid for 10 years from date of issue.
An EPC document includes an assessment of the current energy performance and estimated energy costs of the property as well as its potential future energy efficiency, if you were to implement the recommendations in the report.
1.The EPC rating graphic
The ratings graphic shows how efficient your property is on a scale from A (very energy efficient to G (not very efficient). The higher the rating, the lower your potential energy costs will be.
Each letter is also assigned to a group of numbers (from 1 to 100). The higher up the scale, the better the property's efficiency. The first of two arrows shows the propertys current rating, whilst the second highlights the property’s potential rating if more energy-efficient features were to be installed.
The average EPC rating for a home in the UK is D.
The report goes on to details the changes you could make to improve the energy efficiency of the property, as well as detailing the estimated costs and potential savings you could make.
Who needs an EPC?
Sellers : It's a legal requirement to have an EPC for your home, before you sell it. You can arrange it through your Estate Agent, or directly with an EPC provider. The EPC register lists approved providers: https://www.epcregister.com/
Buyers. You should receive a copy of the EPC from the seller. Which you can use to plan energy efficiency improvements to the property or to negotiate the property price you pay.
Landlords. It is a legal requirement for buy-to-let properties to have an energy efficiency rating of E or above, before you can take on a new tenant or renew an existing contract. Later this year the rule will apply to existing tenancy agreements too.
Tenants. You should receive a copy of the EPC for the property you are renting. It will help you plan and budget for energy costs.
How can you improve the energy efficiency of your home?
If you want to add value to your home, and make it a better place to live upgrading your bathroom can bring surprising benefits. One of the most important rooms in a house, it's a place where you can relax and unwind after a hard day. As well as get ready before going out or calling it a night.
By increasing the value of your property, a revamped bathroom can help differentiate your property, if you decide to sell, and help you realise a better selling price. It can also help you build more equity in your property enabling you to re-mortgage or raise finance from the equity in your home.
To get the maximum increase in value, consider the following:
If you need any advice about renovating a bathroom to add value to your home, contact us today.