The new MEES regulations are here. So is the right support.
On 1 April The Minimum Energy Efficiency Standards (MEES) come into force, making it unlawful for a landlord to let or renew a lease on a property if the energy performance certificate (EPC) rating is F or G.
There are exemptions. There are common misunderstandings. And there is a support on hand to review EPCs, at risk properties and landlord and tenant obligations. Like it or not, MEES comes into force on 1 April but with TFT’s help the introduction need not be onerous.
Email us if you would like to discuss your portfolio with one of TFT’s MEES experts.
Lack of government incentives puts brakes on energy efficiency
80% of commercial property landlords claim a lack of government incentives is the single biggest barrier to widespread energy efficiency measures being introduced across UK commercial real estate, according to TFT, the leading property and construction consultancy, in the TFT Energy Survey 2016 published today.
With a confusing array of disconnected, individual energy regulations, a further 75% have said that the current regulatory framework is too complex to navigate. This comes even though an overwhelming majority of respondents to TFT’s first annual survey (92%) say that attitudes to energy efficiency have improved since the last recession.
Similarly, 90% are clear that energy efficiency is a higher priority in their portfolios than it was before 2008. However, only 35% of investors have introduced a formal energy management system or implemented energy efficiency improvements.
TFT Energy Survey 2016 is TFT’s first annual survey into the current barriers to delivering truly energy efficient real estate. Specifically targeting property investors and managers, it explores a range of key issues including whether energy efficiency has become a higher priority.
Mat Lown’s recent article in the Journal of Building Survey, Appraisal & Valuation TFT explores the policies, regulations and market drivers which influence the energy performance of the built environment.
After 31st December 2014, it will be illegal to use recycled or reclaimed R22 to service air conditioning equipment. This is on top of the current ban on virgin R22 to service air conditioning equipment. As we move closer to the deadline, this is a timely reminder to review the options available ahead of the phase-out date. A useful start point is TFT’s Guidance Note: Refrigeration – Selection and Legislation which covers the issue and outlines the decision criteria to be considered.