In compliance with the European Directive for the Energy Performance of Buildings, all member countries of the European Union have been directed to introduce EPC's as a measure to curb energy wastage and harmful ecological consequences. Hence, the UK government now requires the sellers to submit Domestic EPC's as part of Home Information Packs.From 1 October 2008, sellers and landlords have a legal obligation to provide prospective buyers and tenants with a valid Energy Performance Certificate (EPC). The Domestic EPC Certificate will also give the properties environmental Impact rating by indicating its carbon dioxide emissions. There will also be a list of cost-effective actions to improve the buildings rating. The potential rating is based on all the recommendations being implemented.
A Domestic EPC is the most vital 'required' document in a home information pack. Included in the HIP as part of Government's initiative to support a greener housing market, Domestic EPCs have immensely helped the buying/selling process, making the process transparent and fast.
Again, Domestic EPC's are helping buyers take the right decisions by providing them adequate information. Actually, the better the rating, the higher is the energy efficiency of the property and the lower the fuel bills. With lower energy consumption, expenses will be less and the impact on the climate will be favourable. This being the case, a property with a good energy performance rating will invite more buyers.
With suitable advises on ways of saving energy and cutting carbon emissions, Domestic EPC's have helped property sellers enhance their reliability; the buyers too are benefited in that they can now make their new homes energy-efficient and bio-friendly.
The cost of the measures recommended will vary, but the certificate will distinguish between those that cost under £500 and those that could cost more, such as double glazing or new heating systems.
You risk a £200 fixed fine if you do not have a valid Domestic EPC when you sell a property or change tenant. Signing a Sale or lease contract without a valid Domestic EPC is a criminal offence and estate agents and landlords can be fined up to £5,000.


