As we all know, the UK government is emphasising Energy Performance Certificates (EPCs) more than ever to ensure that every residential or commercial property owner abides by the rules, has their property checked for energy performance, makes the necessary changes, and brings their efficiency to an acceptable level. To make sure everyone complies, the government has introduced some strict rules on renting and selling properties.
If you think about it, we live in a world where resources are limited and as the population is multiplying, energy supplies are becoming increasingly strained, putting future generations and the environment at risk. This is why EPC requirements matter now more than ever. Still don’t know why it is the best time to apply for EPC in Bournemouth? Here’s a list of reasons to explain why it is the most suitable option for property owners in the UK:
1. Energy Costs Are Rising
If we talk about energy, the costs have seen a significant spike over the past few years, and unfortunately, it is expected to continue rising in the future. So, getting an Energy Performance Certificate (EPC) now can help you understand your property’s energy performance and gain insights into how to improve it. Improving the EPC rating will translate into less energy waste and a resultant decrease in bills.
2. Improve Market Value
Bournemouth is known for its growing property market, and at this time of high rental demand, improving the EPC rating for your property can significantly improve its rental or resale value. Why? The answer is that most tenants and buyers look for a property with fewer bills and fewer future upgrades. Therefore, such properties sell faster, have higher prices and attract more tenants, resulting in fewer void times.
3. Future-Proof Your Property
Requirements for EPC in Bournemouth are expected to get tighter in the future, with the minimum eligible grade potentially capped at C. Your EPC is valid for the next 10 years, and if regulations change during that time, you might face regulatory issues, penalties, and your property might face reduced market appeal. And at that time, going for last-minute upgrades might cost you a lot more than improving EPC now.
4. Reduce Long-Term Maintenance Issues
One reason why EPC is important is that it gives you crucial insight into what and how to improve the efficiency of your property. Low EPC efficiency often signals underlying issues like leaks, an outdated system, or poor insulation, and knowing those problems and taking steps today can save energy, reduce bills, and save you from bigger upgrades in the future.
5. Potentially lower Upgrade Costs than in the coming years
Another reason it is the best time to improve your EPC rating is that upgrades aren’t very costly right now, but in the future, with strict regulations and tight deadlines, rising labour costs, and increased demand, the price of even simple upgrades might be significantly higher than today. So doing it today can save you from getting it done at double the cost in the coming years. We have already seen a spike in the cost of solar installations and energy-efficient boilers even now. So investing in it today can give you a better ROI in the future.
6. Step Towards Sustainability
An EPC isn’t just a document showing how much energy a property uses; it’s an opportunity to improve your rating, cut energy waste, and actively contribute to a more sustainable future. Beyond the clear financial benefits, improving your EPC rating is simply a responsible step for the years ahead.
So, these solid reasons advocate our stance that improving your grade on EPC in Bournemouth today can be a great choice, for your finances, your property’s market value, and the environment.
Looking for an experienced EPC surveyor in Bournemouth? Look no more, we’ve got you covered.
EPC Yorkshire: A Team of Experienced and Accredited Surveyors
Whether you want an EPC for your residential or commercial property, contact us, book an appointment, and we’ll handle the whole process from in-depth inspection of your property to issuance of an EPC in Bournemouth with a fair grade and everything in between!