Sunday’s national press have leaked a suggestion that landlords will be required to fund improvements to achieve Minimum Energy Efficiency Standards (MEES) for domestic properties.
From April 2016, The Energy Efficiency (Private Rented Property)(England and Wales) Regulations 2015 introduced minimum energy efficiency standards (MEES) in the residential and commercial private rented sector.
The Minimum Energy Efficiency Standards dictate that a landlord with an EPC Rating below an E will be required to undertake work to improve the energy performance of their property; otherwise they could face heavy penalties. These new standards will be phased in over the next five years, moving from targeting new leases to targeting ALL residential and commercial leases.
When Green Deal was mothballed last year it created a gap in the regulations as improvements were only mandatory if there was “no upfront costs” to the landlord. An article in Sunday’s Telegraph states that Government may well be on the verge of closing this loop hole by requiring landlords to fund the improvement at their own expense up to, the article suggests, a “hypothetical maximum of £5000”.