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DECs - summary
Display Energy Certificates are required from 1 October for certain public buildings. DECs are certificates that convey information on the actual use of energy within a building over the previous 12 months, whereas EPCs give an estimated energy rating based on the way the building was constructed.
EPCs - update
Note also: 


Auctions: an EPC must be made available to a prospective purchaser at the earliest opportunity, and certainly no later than the time at which any written information about the building is given to that person. As far as auctions are concerned, the EPC need not be included in the catalogue. But, if a floor plan or description of room sizes is included in the catalogue, then the asset rating from the EPC must also be shown. A full copy of the EPC should be in the pack of information that is provided to prospective purchasers.


EPCs - reminder
Energy Performance Certificates contain summary information about the potential energy performance of a building. From 1 October they have been required on the construction, sale or letting of all commercial buildings. The only exceptions are now for stand-alone buildings of less than 50 sq m (plus places of worship, temporary buildings and buildings to be demolished).
Remediation relief - derelict land
Land remediation relief is to be extended to derelict land as from 1 April 2009. This could be an important issue for many property companies. Whilst the details are still being finalised, the outline points are clear:
Contaminated land - remediation
Land remediation tax relief gives a corporation tax deduction of 150% on qualifying expenditure incurred in decontaminating land (eg £1m expenditure gives rise to £420,000 worth of tax relief for a company paying 28% tax). Key points to note:
How green is your lease?
authorWith green leases receiving increasing publicity Sukhi Rai uncovers the main issues that need to be considered by those seeking to implement them.
TPOs - appeals
A new regime for appealing Tree Preservation Orders came into effect on 1 October. The aim is for there to be a standardised procedure throughout the whole country, which will be less cumbersome than the traditional s78 TCPA 1990 procedure.
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