From April
2018 it will become unlawful to rent property with an energy rating of F or G
unless a package of measures has been carried out under the ‘Green Deal’ to
improve the property
This
will effect 18% of Commercial Properties and has the potential for some
contentious negotiations at the end of a lease term, possibly preventing re
letting or indeed surrender. The implications for dilapidation negotiations
could be very complex particularly if there is a covenant to meet Statute in
the Lease
The
Green Deal is a financial framework (up to 25 years) to enable fixed provision
of improvements to avoid upfront costs and will bind future owners and
occupiers. Repayments are made via energy bills.
For
further information on this or any other dilapidations issues please call 01242
584674 pressing option 1 or email contact@nickbevan.co.uk
