British Property Award Winner 2017 & 2018
One of the first tasks of the new coalition government was to reverse the requirement by law to purchase a HIP pack prior to the commencement of the marketing of your property, as an alternative it was decided that Vendors and Estate Agents in England and Wales must provide Energy Performance Certificates (EPCs) to prospective purchasers. The EPC must be made available free of charge at the earliest opportunity and no later than the time when written particulars are provided to a buyer or when a viewing is conducted. Failure to do so can result in a £200 fine for each breach.
There is no need to obtain an EPC if an existing HIP pack has been purchased. Once obtained, a certificate remains valid for up to 10 years.
EPCs tell you how energy efficient a home is on a scale of A-G. The most efficient homes - which should have the lowest fuel bills - are in band A.
The Certificate also tells you, on a scale of A-G, about the impact the home has on the environment and includes recommendations on ways to improve the home's energy efficiency to save you money and help the environment.
A Vendor can only obtain an EPC from a licensed Domestic Energy Assessor (DEA). Expect to pay between £65-100 for one.
Rival for the South Bank: Royal Arsenal Riverside
Help to Buy now helped over 400,000 first time buyers