As of April 1st 2018, landlords cannot let, extend or renew a lease for those properties which have an F or G rated EPC unless an exemption applies. As of April 1st 2023, landlords cannot continue to let a property with an F or G rated EPC unless an exemption applies.
One such (temporary) exemption is that the EPC rating cannot be improved through measures that pay for themselves within a 7 year period. Only then may a property be let.
Therefore in many cases there will be a financial cost to compliance and this cost should be understood and considered in the context of valuations and asset management.
EVORA can help independent landlords, funds and REITs to identify and manage MEES derived risk using our expert knowledge and market leading environmental management software, SIERA.
We can review existing EPCs to identify those assets at risk and we can develop an asset management strategy at the fund and portfolio levels. We can help to establish where improvements can be made, and we can assess the impact these changes would have on the overall EPC rating.
Expert
MEES
Support
Simply complete this short form and one of our experts will get in touch to discuss what MEES support you require.
Latest EVORA Insights
Decoding the TCFD framework: climate action in UK real estate investment trusts
In the UK, the Taskforce for Climate-related Financial Disclosures…
March 15, 2023/by Helen PatenallA Summary Guide to The CRREM and SBTi Update
The Carbon Risk Real Estate Monitor (CRREM) & Science Based…
March 14, 2023/by Bhoomika BrahmbhattBeing Green Never Looked So Good
Sustainability is a huge part of who we are at EVORA Global.…
March 9, 2023/by Tia MicunovicSIERA Fund View streamlines the sustainability performance of investment funds
Fund View is a powerful sustainability software tool that helps…
February 7, 2023/by Helen PatenallSIERA: the backbone of ESG reporting at EVORA
Clarity and accuracy of data are vital when it comes to ESG…
February 1, 2023/by Elliott BarnesTurn SFDR to your advantage for sustainable and investible real estate
New regulations are excellent opportunities to prove transparency…
January 31, 2023/by Helen PatenallQuick links
Head Office
3rd Floor, Birrane House
2 – 4 Southwark Street
London, SE1 1TQ
