Energy Performance Certificates
From 1st October 2008 landlords offering property to let are required by law to provide prospective tenants with an Energy Performance Certificate for their property.
Prior to marketing a property, Clockwork Lettings require a copy of the appropriate Energy Performance Certificate.
If you do not have an EPC for your property we can arrange a highly competitive and swift, first class energy assessment to ensure the speedy marketing of your property.
CALL US NOW TO ARRANGE YOUR ENERGY ASSESSMENT
ONLY £40 AND NO VAT
Clockwork Lettings use SAVA (Surveyors and Valuers Accreditation) qualified (05686) energy assessors who are dedicated to providing an honest and independent service providing both EPCs and HIPs for house sales and rental properties. They work with residential clients, solicitors, estate agents, landlords and housing associations in Nottingham and Mansfield and because they are not currently registered for VAT, can offer extremely good rates.
A new certificate will not be required on each let since, in the case of rental property, EPCs are valid for 10 years.
EPCs for dwellings rate the energy performance of buildings (not the appliances in them) on a scale of A to G, where A is the most efficient. Two ratings are shown, an overall Energy Efficiency Rating and an Environmental Impact Rating. The higher the rating the less impact on the environment. Please note that the average rating is currently E.
Landlords wishing to make energy saving improvements to their properties either before or after obtaining an EPC are offered some help from the Government in the form of the Landlords Energy Saving Allowance (LESA). Originally introduced in 2004 it covers loft insulation, cavity wall insulation, solid wall insulation, draught proofing, hot water insulation and floor insulation.
Expenditure on these items would otherwise be treated as capital expenditure ie. Can not be deducted from rental income to arrive at a taxable item. However, the LESA allows up to £1500 per property as a straight deduction from rental profits. Please refer to the Inland Revenue website or helpline for further information.
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