How to keep your cool this summer - check your EPC before you get your mortgage
During the current heatwave it can feel impossible to cool down but for house buyers and movers now could be just the opportunity to help you keep your cool this summer.
Yorkshire Building Society is advising people that are considering a house purchase to carefully check the Energy Performance Certificates (EPCs) ratings that any property being sold is required to have.
An EPC gives a property an energy efficiency rating from A (most efficient) to G (least efficient) and is valid for 10 years.
Janice Barber, Mortgage Manager at Yorkshire Building Society, said:
For anyone currently considering moving, the warm weather and the potential desire for a cooler home is a timely reminder of the importance of checking the energy efficiency of the property they want to purchase.
A higher EPC rating that shows a property has good insulation and glazing will help you keep your house cooler in hot weather and warmer during colder weather.
We know that buying a house involves a multitude of decisions and sometimes things like the EPC rating can drop down the list of priorities for a move. However as the UK’s climate becomes more unpredictable the ratings on properties could become more important and some providers are already offering mortgages specifically for properties with high EPC ratings.
A lot of people think things like insulation and double glazing just helps to keep their homes warm in cold weather but insulation actually works by slowing the movement of heat between two spaces. So during the summer months insulation will prevent your home from overheating as well as keeping the heat in your home during winter.
An EPC will give you information about a property’s energy use and typical energy costs and recommendations about how to reduce energy use and save money.