Latest News

Land Transaction Tax (LTT) nil rate band extended

04 March 2021

On 3 March 2021, the Welsh Government announced that the temporary increase to the nil rate band of LTT for residential property transactions will be extended to 30 June 2021. Read More...

Lack of direct financial support for the sector in the Budget

03 March 2021

The Chancellor of the Exchequer, Rishi Sunak, has announced a number of measures affecting the property industry in the UK Government’s 2021 budget, but Propertymark believes more should be done in order to tackle COVID-related rent arrears. Read More...

Calls continue for a Welsh Housing Survey

03 March 2021

Propertymark is continuing to back the National Residential Landlords Association’s (NRLA) in their campaign for the introduction of a Welsh Housing Survey (WHS). Laura Jones MS, Welsh Conservative Shadow Housing Minister, and Mike Hedges MS, Welsh Labour Chair of the Cross Party Group for Housing recently backed the calls by stating that “a Welsh Housing Survey is needed as evidence-based policymaking should be taken as standard.” Read More...

UK Gov guidance – EPCs and COVID-19

Monday 06 April 2020

On 2 April 2020, the UK Government released information confirming that the legal requirement to obtain an EPC before selling or letting a property remains in place, but EPC assessments should only be conducted where they can be done safely and in line with guidance relating to Coronavirus.

Energy Performance certificates (EPC) give a property an energy efficiency rating and are valid for ten years. They are needed whenever a property is built, sold or rented and must be completed by an accredited assessor.

Crucially, the UK Government guidance on EPCs must be placed in the context and intertwined with the advice it has provided for the sector during the Coronavirus outbreak.

Guidance for the private rented sector Guidance on home moving

Key points from the UK Government’s EPC guidance:

  • Where possible delay the property transaction, and ultimately the EPC assessment until the stay-at-home measures to fight coronavirus are no longer in place.
  • If it is not possible to delay the transaction and assessment, and a valid EPC is not available from the EPC Register, an assessment may need to be carried out.
  • Where an EPC assessment needs to be carried out, the UK Government’s social distancing measures and guidance for carrying out work in people’s homes must be adhered to.
  • EPC assessments can continue where a property is empty.

Importantly, the UK Government’s guidance says that no EPC assessments should take place if any person in a property is showing symptoms of Coronavirus, self-isolating or being shielded.

For property agents, if sorting an EPC is crucial, agents should seek to reschedule the appointment when it is safe to do so in accordance with Government guidelines on staying away from others.

COVID-19 EPC guidance

To help members to further understand the rules for EPCs in relation to exemptions, existing tenancies, property particulars for rent and sales as well as enforcement please see Propertymark’s Primary Authority Advice.

Primary Authority Advice