Landlords across the UK are calling on the government to provide extra tax relief to help them finance energy efficiency upgrades to their properties, after new rules took effect over the Easter weekend requiring homes and commercial properties to meet minimum energy saving standards. The Minimum Energy Efficiency Standards (MEES) regulations came into force on April 1, requiring all domestic and commercial rental properties to meet at least an Energy Performance Certificate (EPC) level E or above. Landlords face fines of up to £4,000 if their property is found to have a rating below the new standard. The rules apply initially to new tenancies or contract renewals, but by 2020 will apply to all domestic rented properties on the market and by 2023 all commercial properties.
Business Green 3rd April 2018 read more »