Are you a Commercial Property Landlord?
Commercial EPC
Are you up to speed with the latest MEES regulations for your commercial properties?
It is estimated that over 100,000 properties are at risk of becoming unlettable by 2027 because landlords are not aware of the changes that are coming.
From April 2023 all properties, whether a new or existing tenancy, must maintain a minimum EPC rating of E or above to be legally let.
And as part of the government pursuit of net zero by 2050, and their commitments at COP29, the following changes are expected (via the Non Domestic PRS: EPC B implementation consultation) as interim targets to achieving a minimum B rating for all commercial properties by 2030.
2025:
- All commercial leased properties must have a valid EPC
- Property owners with expired EPCs must apply for new certificates
- The aim is to create a baseline for future improvements
2027:
All commercial properties will require a minimum rating of C
- From April 25 to April 27 will be a two year compliance window
- Property owners must demonstrate progress towards a C rating
2030:
- The minimum EPC rating will increase to B
- A further compliance window will run from April 2028 to 2030
What are the main factors affecting your EPC Ratings:
Building Fabric:
- Structural frame and floor
- Internal and external walls
- Glazing and roof construction
- Insulation levels and air tightness
Building Services:
- Heating and cooling systems
- Lighting infrastructure
- Electrical power systems
- Ventilation and controls
All these elements can be large investments, an EPC report can illustrate how well your commercial property perform in these areas. The recommendation report will also demonstrate how each improvement can increase your rating and enable you to plan your investment to avoid multiple upgrades.