Some while ago I blogged about how the rules for the provision of energy performance certificates on commercial property were planned to be changed – but kept being delayed. Well finally the new rules are coming into force – from the 6th April 2012.
That is obviously good news for me as an energy assessor, but it will I hope also make people on both sides of property transactions far more aware of the effect of the energy efficiency of their properties on business generally.
At a business lunch I attended this week I was discussing ‘green buildings’ with a couple of banking clients. They still have to see this having any effect upon their lending – either from a security point of view or value stand point. What they are very aware of though is the long-term potential that the energy legislation may have on their security – the proposal that all F & G rated properties will become un marketable from 2018 is already on their radar. The ‘official line’ they have been told by the powers above is that the Government are unlikely to miss their proposed changes in legislation.
This highlights one of my pet hates – lazy landlords – get the easy things done to your properties in terms of ‘greening’ them before marketing. Things like low energy lighting, insulation and replacing old inefficient heating systems. It can make a huge difference to you epc rating.
You have been warned!