Anyone selling their home has to obtain an Energy Performance Certificate (EPC) for the property. This document sets out how energy efficient the property is on a scale of A to G (A is the most efficient), in terms of how much energy the home uses and how much carbon dioxide it emits. The EPC also lists recommendations for improving the property’s energy performance rating and gives potential cost savings on energy bills if these changes are made.
Although you do not have to follow these recommendations, making your home more energy efficient before you put it on the market could increase its value and desirability. As fuel costs soar, buyers are increasingly attracted by energy efficient homes that are economical to run. And carrying out pre-sale energy efficiency measures means the buyer does not have to do or arrange the work themselves when they move in. With today’s tough housing market, it could be worth taking steps to make your home more enticing to buyers and help it sell more quickly.
Improving your EPC rating does not have to be expensive or involve a lot of hard work. Some simple, low cost measures you can take include:
Insulating your hot water tank. Cylinder jackets can be brought from most DIY stores.
Fitting draught excluders to internal and external doors, keyholes and the letterbox.
Spraying insulation foam where pipes enter your home, to stop draughts.
Sealing any draughts between your floorboards, below skirting boards and behind your bath panel.
Replacing all your ordinary light bulbs with low energy ones.
Insulating your loft and/or cavity walls. Depending on your age and circumstances, you may qualify for free or discounted installation – ask your energy company for details.
If you are happy to spend more on your home to attract the eco-friendly buyer, there are other options to consider, including:
Installing an A+ rated condensing boiler.
Replacing traditional windows or old double glazing with uPVC.
Improving your heating controls by adding thermostats and programmers.
Installing a microgeneration technology such as solar panels or a heat pump.
When you have installed your chosen energy efficiency measures, make sure you have your home reassessed so your EPC shows your new and improved rating.
Conveyancing services from The Co-operative Legal Services
Our team of legal experts is here to offer free advice and answer all your questions about buying and selling your home, from conveyancing fees to energy performance issues.