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ARTICLE · 18 FEBRUARY 2015

Minimum Energy Efficiency Standard Regulations Laid Before Parliament

Deloitte
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If your organisation lets or sublets properties, or might acquire properties to let out, you will need to consider potential letting restrictions.

United KingdomEnergy and Natural Resources
Miles Keeping
Miles Keeping
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How does this affect your properties?
If your organisation lets or sublets properties, or might acquire properties to let out, you will need to consider potential letting restrictions.

These restrictions may lead to a requirement for refurbishment of buildings, which could inform rental negotiations and affect values.

Potential cost savings can be made at pre-acquisition, asset business planning, property management, leasing and disposal stages.

Overview of the Regulations

What is it?
The Energy Act 2011 requires the Government to implement regulations by April 2018 to improve the energy efficiency of buildings in the non-domestic private rented sector in England and Wales. Minimum energy efficiency standard (MEES) regulations will require eligible properties in the sector to be improved to a specified minimum standard. Separate rules apply in Scotland and Northern Ireland.

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