Insurance infographic: The Impact of the 2011 Energy Act on property lettings
In this insurance infographic, Zurich focuses on the Energy Act 2011 which contains provisions to make it unlawful from April 2018 to rent property that does not hit minimum energy efficiency standards.
At the moment it is expected that properties will need an Energy Performance Certificate rating of at least E to comply.
Conservative estimates suggest that on this viewing, 20% of commercial properties would not hit the standard required, meaning they would either have to be withdrawn from the market or upgraded to meet the legislation.
This infographic - the first in a series - is tied in with a white paper that covers a host of topics including the cost of compliance; the role of the insurance industry; exemptions and analysis of Energy Performance Certificate by protpery type.
The complete white paper is available to download from the Post Intelliegnce App or the Insurance Hound website.
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