I recently wrote about the introduction of requirements for any rented commercial and residential property to meet a minimum energy efficiency rating. These MEES requirements must be implemented by landlords. If not they risk a financial penalty which, for domestic property, could be up to £4000.00. BEIS have published guidance to domestic landlords and enforcement authorities on complying with MEES for private residential property.
The Government are now considering incentives to homeowners whose homes are energy efficient as well as penalties for homes that are not. One of the incentives to encourage homeowners into implementing energy-saving measures on their houses being considered is the lowering of stamp duty on properties that have been made energy efficient.
This is a further example of the intent of ministers to implement climate change laws and a further reason for landlords to make their properties comply with the MEES requirements.
Stamp duty may be changed to encourage people to make their homes more energy efficient, with better insulation. Energy minister Claire Perry told the BBC householders would face "carrots and sticks" to prompt them into saving on heating bills and carbon emissions.