One effect of the Leave vote is that some legislation will have to be rewritten – while some measures could be scrapped.
Leading contender for legislation which would have to be rewritten are the two Immigration Acts, with their Right to Rent provisions.
Both Acts make considerable reference to the automatic acceptability of tenants with EU identification paperwork.
A contender for scrapping is the EU Mortgage Directive which means that landlords deemed to be ‘amateur’ or ‘accidental’ must from this year have regulated mortgages.
But the most obvious legislative requirement that could be ditched is EPCs.
The UK Government introduced EPCs (Energy Performance Certificates) in 2007.
The Housing Act 2004 made it a mandatory requirement that an energy assessment be made on all properties listed for sale in Britain, and later this applied to rental properties too.
The reason for the introduction was as a consequence of European Union Directive 2002/91/EC
Simply, Britain was told it must adopt a regime of sending inspectors to all homes marketed for sale or to let, before they could be advertised. The average total annual cost to the UK home seller and landlord is £100m.
Agents say that the resulting energy rating that the certificate assesses is of little help to either buyer or seller and has not proven to reduce energy consumption in any attempt to assist in mitigating the effects on the environment, as was the intention when first conceived by the European Commission.
Russell Quirk, CEO of Moov, is to launch a Parliamentary petition to bring about the scrapping of what he calls these pointless pieces of bureaucratic wastefulness.
He argues that scrapping EPCs would streamline the home-moving process and save the country millions of pounds.
If 100,000 signatures are achieved this would mean that Parliament has to debate the issue.
Quirk said: “I have launched this national petition in order to get rid of EPCs and the unnecessary cost to the consumer of paying for them.
“When introduced as part of the failed Home Information Pack in 2007 they were widely criticised as pointless and wasteful by the property industry.
“Thousands of inspectors have had to be trained and then retrained under adapted legislation, forced upon us by an EU directive that, now that we have voted for Brexit, can be unwound.
“EPCs are of no benefit to anyone and have created a bureaucratic burden on home sellers, landlords and estate agents.”
Quirk has contacted housing minister Brandon Lewis to ask for his support.
Since inception, it is estimated that over 16m EPCs have been produced at a consumer cost of over £800m. The calculation is based on 1.1m properties for sale listed each year, and 1m listed for rent, at an average EPC cost of £50.
EPCs are the biggest waste of time since HIPs. No-one cares. Getting an EPC done on a building site about to be completely renovated serves no purpose, and does anyone anywhere really buy a property based on the strength of an EPC result. No.
You must be logged in to like or dislike this comments.
Click to login
Don't have an account? Click here to register
Interesting point of view however most people are interested in their home rating, it is one of the things both buyers and tenants look for and with the Energy Act of 2015 coming into effect with minimum rental levels to reduce carbon it will remain a key document based on reducing carbon from dwellings.
Most members of the public that deal with a ‘real’ agent are made aware of this fact and that is what they get by dealing with a company that values it customers to have a shop fronted office rather than a budget service without the service!
You must be logged in to like or dislike this comments.
Click to login
Don't have an account? Click here to register
Russell Quirk really does have an ego that’s larger than his ability. I suggest he tries spending his time keeping out of trouble with the ASA* rather than launching petitions on aspects of Government policy he clearly has no intellectual ability to have a well rounded opinion on.
* eMoov has had two complaints upheld in a single month by the ASA. Is that a record? But the bigger question is why does Property Industry Eye give him coverage???
You must be logged in to like or dislike this comments.
Click to login
Don't have an account? Click here to register