In this episode, Nick takes a look at the UK's Energy Performance of Buildings Regulations (EPBR) and their implications for property owners and developers. He explains the importance of energy performance certificates (EPCs) and energy performance assessments (EPAs), highlighting the minimum energy efficiency standards (MEES) that new buildings must meet. Nick discusses the benefits of improving energy efficiency, such as reducing carbon emissions, lowering energy costs, and creating healthier living environments. He also outlines various government incentives and schemes aimed at encouraging energy-efficient upgrades, particularly for low-income households.

KEY TAKEAWAYS

• The EPBR sets minimum energy efficiency standards for both new and existing buildings in the UK, requiring energy performance certificates (EPCs) for properties being sold or rented.

• New buildings must meet specific MEES to ensure energy efficiency, which includes undergoing an energy performance assessment (EPA) to determine their energy efficiency rating.

• Properties with an EPC rating below E are required to undertake measures to improve their energy performance, with future regulations aiming for a minimum rating of C for rental properties.

• Various government schemes, such as the Warm Homes Local Grant and the Boiler Upgrade Scheme, provide financial support for improving energy efficiency in homes, particularly for low-income households.

• Enhancing energy efficiency not only reduces carbon emissions and energy costs but also creates healthier living environments for tenants, potentially increasing property values and tenant satisfaction.

BEST MOMENTS

"The UK's primary legislation is the Energy Performance of Buildings Regulations. It sets out standards for the energy performance of both new and existing buildings."

"Buildings with an EPC rating below E are subject to energy efficiency improvement obligations requiring them to undertake measures to improve their energy performance."

"I have my own views on electric boilers. I don't think they're as good as gas boilers yet. I think there's a long way to go."

"EPCs play a crucial role in promoting energy efficient buildings and reducing greenhouse gas emissions."

"Let's embrace these EPCs. It's something that we can use to see what improvements we need."

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HOST BIO

Nick is an award winning property investor, voted Fastest Newcomer 2022 by Premier Property, and is an accredited Retrofit EPC Assessor. He sources and renovates properties for himself as well as other investors. While doing this he has developed his own systems for efficient investment, such as developing his own methods to save time when viewing properties and estimating market values and potential returns, costing out renovations.

He spends three months of the year abroad and while there continues his business with use of modern technology and his proven systems.

Location freedom has always been his "Why" for being a Property Investment and has now reached his ideal of the colder months spent in Thailand and the rest of the time in the UK, all while continuing to run his business