Consultants issue energy law alert
NEW legislation on the energy efficiency of buildings will have a significant effect on property values leaving landlords exposed to potentially unlettable premises, according to experts at property consultancy Lambert Smith Hampton (LSH).
The Energy Act 2011 will make it unlawful to let buildings with F and G rated energy performance certificates after April 2018.
LSH regional director Darren Hughes said the degree of risk attached to F and G rated properties is high.
Proactive investors and landlords should be starting to identify 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.”