Commercial Property Certificates – Are You Aware of Changes?
If your business owns its property, or you
are a landlord of business properties; you
need to be ready for the introduction of
Energy Performance Certificates (EPC), which
come into force in April for large
buildings, and October for smaller
buildings. These certificates will also
become important when working out running
costs when moving premises.
A recent CBI survey1 revealed that many firms were
unaware of the requirement being introduced
this year for landlords to obtain an EPC for
their buildings. Half of firms (51%) were
either unaware or have yet to take action.
Non-domestic buildings will need an EPC when they are built, sold
or leased, with the largest buildings
requiring one from April and the rest by
October. Property occupiers will need to be
aware of the certificates when acquiring or
disposing of property and can make use of
the information in their decision-making as
EPCs are a good way to judge a building's
likely efficiency and running costs.
The CBI has also published a revised edition of the popular CBI
‘Property for Business: an essential guide
for business executives’, sponsored by
Deloitte. This publication provides
important strategic guidance and best
practice advice for businesses, regardless
of size or sector, on how to develop an
effective property strategy for managing
property productively and supporting wider
commercial and environmental objectives.
Both publications can be downloaded from the CBI website, free of
charge at:
www.cbi.org.uk/property
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