The Energy Bill has now had its second reading in Parliament This has resulted in several amendments including new proposals to make landlords responsible for meeting minimum energy efficiency standards in respect of their properties.
Under the proposals, as of 2016, landlords must not refuse reasonable requests from their tenants to make improvements to the rented property to make it more energy efficient and from 2018, it will be illegal to rent or sell a property that does not meet a minimum energy efficiency rating.
Landlords can choose to finance such improvements by subscribing to the Green Deal. This scheme is due to be introduced in the autumn of 2012 and will enable property owners to secure finance to make energy improvements. The loan is then re-paid through savings on energy bills. The outstanding debt will attach to the property so will be passed on to new owners, along with the benefits of the lower energy bills. Detailed guidance is due to be produced on the scheme in early 2012.
This follows recent announcements that Landlords may be responsible for water bills left unpaid by tenants
Further advice on leases and tenancy agreements contact Mark Sadler, Property Partner on 01708 757575 or email firstname.lastname@example.org
Our specialist solicitors and lawyers assist clients with lease and tenancy matters in London, Havering (Romford, Hornchurch, Rainham, Harold Wood, Gidea Park, Harold Hill and Upminster), Barking and Dagenham, Chadwell Heath and Essex (including Brentwood, Basildon, Grays, Thurrock, Shenfield, Chelmsford and Southend).