EPC, which means the energy performance certificate, is used for benchmarking rating comparisons. This certificate is important as a part of the home information pack.
HIP must be used for building, selling or renting of any house. It stores all important information need by a buyer. It gives the information about the plus points and negative points to his seller and buyer.
A buyer has to be well-informed about the house before selling it to him.
This helps in avoiding the delay in the transaction and any misunderstanding because of knowing any negative point about the building later.
Thus, this makes buying a house with minimum chances of cheated down by the buyer. It also avoids from not getting information about any single drawback in the building.
In earlier time most of the information about the house is provided to the buyer after purchasing it.
HIP includes sales statement, EPC, evidence of title, sale deed, PIO (performance information questionnaire).
HIP provides all information about a building which includes legal title, standard searches. HIP is provided by the estate agent or homeowner on request of the buyer.
EPC is important as it helps the buyer to compare different buildings on the basis of power efficiency given in it.
Energy efficiency certificate also guides on how to decrease carbon dioxide pollutants and energy expenses.
Written advice is given to lower down the energy usage. Make these changes and improve your home value.
HIP are offered at no cost. However, you have to pay for home delivery of the copies.
Energy Performance Certificates are issued by authorized energy assessors, and you have to pay for this.
When your energy usage is lowered, charges are sure to be reduced and this considerably enhances the environmental conditions also.
EPC is made compulsory for all property owners. It has been made compulsory from 1st October 2008 and is a lawful necessity to provide all new lodgers in England and Wales.
It’s been made a compulsory document along with a Home Information pack. It provides a carbon footprint of homes.
These certificates are not valid for any building that is not for personal use. These types of certificates are valid only for 10 years. This certificate is given to the house owner by a certified Energy Assessor.
An approved energy assessor provides a certificate describing about the CO2 wastes of that building.
It provides the building a standard power and carbon waste efficiency grade from ‘A’ to ‘G’, where ‘A’ is regarded as most efficient. They provide a recommendation letter along with the report which helps in increasing your building’s power efficiency.
Based on these recommendations, one can perform some changes in his building or house. After carrying out some changes in the building one can apply for an energy-efficiency certificate. Have a solar water heater rather than an electric geyser. Replace your high-power consumption bulbs with low power consumption bulbs.
The remit was to provide a simple and easy way to arrange and get an Energy Performance Certificate for your home. This company covers the Midlands, London and East Anglia and carry out Energy Performance Certificates for domestic customers, letting agents, landlords and estate agents.
1 thought on “Importance of EPC and HIP in Commercial Properties”
EPC Certificates are indeed one of the crucial requirements in London for property holders. Thanks for the great content you shared.