Tuesday 25th Oct 2016 - Logistics Manager

Older buildings could be unlettable

New energy legislation will make it unlawful to let buildings with F and G Energy Performance Certificates after April 2018.

The Energy Act 2011 could leave some owners struggling to lease properties even before that date. According to Darren Sheward of Lambert Smith Hampton: “This legislation could have a significant impact on the marketability and value of investment stock over the next five years and beyond.”

“Owners who are on the ball should, even now, be identifying which of their properties are at risk of falling foul of this new legislation and putting a plan in place to improve the future environmental performance of their properties,” he said.

Government figures suggest that as much as 18 per cent of buildings with an Energy Performance Certificate fall into the bottom two categories.