• From This is Money:

    From October, the key part of the controversial packs, the Energy Performance Certificate, will be valid for three years rather than one.
    It is a sign that Labour wants to avoid forcing cash-strapped homeowners to pay for two or even more £100 EPCs on a home which is stuck on the market.
    The move comes as the housing market shows signs of being ‘virtually paralysed’, according to a report from the Royal Institution of Chartered Surveyors.
    Less than one home per week is being sold by estate agencies in London, the South-East and the South-West.
    One RICS member said: ‘There is almost no residential market.’ Another said: ‘It will be a lonely winter for agents.’
    A spokesman for the Department for Communities and Local Government said: ‘With the change to three-year validity of Energy Performance Certificates we are providing the increased flexibility that many sellers were asking for.’…

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    Posted by Jon @ 10:41 pm

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