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Issue 50 - Aug 2017

Welcome to the August 2017 edition of the Greater Nottingham Landlords' Electronic Newsletter.

Contents

  1. A Change in the Law from 2018 - Are you ready?
  2. Training Opportunities for Landlords

A CHANGE IN LAW FROM APRIL 2018 - Are you Ready?

The Energy Act 2011 contains a number of provisions which affect landlords and tenants. The most significant are the proposed minimum energy standards.

From the 1st April 2018 it will be unlawful to issue a tenancy for a residential or commercial property with an Energy Performance Certificate (EPC) rating of F or G (two of the lowest grades of energy efficiency). The new rule will come into force for all existing tenancies on 1st April 2020. There are a number of exemptions, which include buildings officially protected because of their special architectural historical merit.

Landlords that do not comply to bring their properties up to the minimum rating will find their properties deemed to be substandard and not fit to rent.

Trading Standards will be able to pose a fine of up to £4,000 for each offence.

The risk of fines and the potential loss of rent together with the costs associated with installing- measures to bring a property up to an acceptable EPC rating could have very significant financial implications for landlords. According to a recent survey carried out by E.ON only 49% of landlords were aware of this upcoming legislation.

EPC ratings look only at the permanent improvements to the fabric of the building so think about upgrades that will help to reduce heat and energy use long term. You will need to find permanent ways to fill the gaps to stop heat escaping through windows, doors, letterboxes and even keyholes.

Other options to improve energy efficiency range from replacing windows to installing a condensing boiler and wall insulation.

Before you start making energy saving improvements carefully consider your budget. Always employ a professional energy assessor to conduct a survey.

Their costs range from £60- £100 per property and they will produce a report outlining the most suitable measures for that property.

Don't just think of improving energy efficiency as something you have to do to comply with regulations, it's a commercial decision too.

For more information contact:

www.broxtowe.gov.uk

Tel: 0115 917 3412

email: hlps@broxtowe.gov.uk

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Training Opportunities for Landlords

(1)

South Nottingham Private Sector Landlords' Forum

Save the date 5th October 2017 starting at 4:30pm until 7:30pm

This is a Free event and open to both landlords and letting agents.

Broxtowe Borough Council is joining forces with Gedling and Rushcliffe Borough Councils to bring you the South Nottingham Private Sector Landlords' Forum.

Broxtowe Borough Council will be hosting the event at the Town Hall, Foster Avenue, Beeston, Nottingham, NG9 1AB.

The event will offer a variety of exhibitors and a number of speakers presenting on a range of subjects including recent updates to legislation and the impact on landlords, with more speakers to be confirmed. DASH and EMPO will both be supporting the event and look forward to seeing as many of our members there as possible.

(2)

Fire Safety Training for Landlords

DASH & EMPO are also hosting a joint training opportunity for landlords in the East Midlands - the course will provide the latest advice for both HMO and non HMO landlords on how to carry out a fire risk assessment for the properties they let out.

The cost to attend is just £10 and will take place on Monday 16th October from 1.30pm until 4.30pm at Kedleston Road training centre in Derby.

For more information and to reserve a place please contact Linda Cobb via email linda.cobb@derby.gov.uk

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