If you are looking to sell your home, you need to have an Energy Performance Certificate, an EPC. Many people are aware that landlords must have an EPC before they let property, but not so many people know about its requirement in selling your home. This certificate provides potential buyers with information on the energy-efficiency rating of the home, so it makes sense for vendors to consider the importance of energy-efficiency upgrades when selling your home.
Buyers are looking for a more energy-efficient home
- If you haven’t given energy-efficiency upgrades much thought, or you are unsure of how it will help you sell your home, consider the following points:
- A growing number of buyers are looking for an energy-efficient home, which means if you improve this aspect of your home, you enhance your chances of connecting with a buyer
- When the property market is crowded, you need to differentiate your home from other homes in the market, and an energy efficient home allows you to achieve this
- When you welcome potential buyers to your home for a viewing, you want to create a warm welcome, and an energy-efficient home helps you achieve this
- Most homeowners are keen to find ways to reduce their energy bills, and improving the energy-efficiency rating of a property allows you to achieve this, so it makes perfect sense
These factors will hopefully persuade you to make energy-efficient upgrades at your home before you sell the property, as it will positively impact buyers.
Do I need to spend a lot of money improving the energy-efficiency of my home?
No. You can spend a lot of money improving the energy-efficiency of your home, but you don’t need to. If you replace your boiler or install double glazing, you will significantly improve the energy efficiency rating of your property, while spending a lot of money.
However, you don’t need to follow this approach. You can make a lot of minor improvements around your home that will have a small impact, but the more you make, the bigger the overall impact. Also, over time, these small changes and improvements add up, which means you can make a big difference over time.
Given most homeowners want to reduce their energy bills, a small saving each month eventually adds up to a larger saving.
Are there are affordable energy saving changes I can make?
Some of the changes you can make to your property to improve its energy-efficiency include:
- Replacing traditional bulbs with energy-efficient bulbs
- Installing loft insulation in your property
- Filling cracks and gaps around your door and window frames
- Invest in a thermostat
- Place draught excluders around doors
If you follow these steps, you will improve the energy efficiency rating of your home. When it comes to selling your property, these changes may make all the difference.
If you are selling your home, we are here to help you. Bond Oxborough Phillips is pleased to say we have assisted many vendors sell their home, and we look forward to helping you too.