The Energy Efficient Regulations 2015 will come into force on 1
April 2018. They set out a new minimum energy efficiency standard
and require landlords of private rented property in England and
Wales to achieve a performance rating of at least 'E'
on their Energy Performance Certificate. The Regulations only apply
to the letting of private property, not to sales, but have already
begun to substantially affect the future of certain rental
properties in England and Wales.
Commercial Properties
Under the new rules, a landlord will not be able to grant a new
tenancy of a property that has an EPC rating below an 'E'.
Furthermore, from 1 April 2023, the Regulations will apply to all
existing lettings, not just new tenancies. This means if
you do not improve your 'F' or 'G' rated
properties, you will be in breach of the Regulations if you allow
existing leases to continue after 1 April 2023.