From 1st April 2018, the Minimum Energy Efficiency Standards (MEES) make it unlawful for any landlord to let a building which fails to meet the minimum required ‘E’ energy rating.
For occupiers, an awareness of their EPC rating and the terms of their current lease is crucial as landlords could potentially pass the cost of bringing their buildings up to standard through dilapidations claims.
Rob Burke, Director – Head of Building Consultancy, at Lambert Smith Hampton commented: “At the time these regulations come into force, 72% of UK office buildings could be at risk of being unlettable.
“Occupiers who have agreed a lease where on vacating the property they need to provide it back fully repaired and redecorated with statutory testing and certification provided, could be liable for improvements to ensure the property meets the required EPC standard.
“With the assessment of risk based on many variables, it is important that occupiers get professional advice to ensure they fully understand their liabilities.”
To find out more about the potential impact of the MEES regulations on occupiers, visit our Total Office Cost Survey (TOCS) website.
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