New Build Flat with EPC D, 63, Still Buy or Pull Out?

yya

Hi all, I need some urgent advice. I am FTB and reserved a new build flat in London. This flat is converted from an office, and after paid all the fees, my solicitor found that the EPC rating is D, 63. Based on the report, there is no further improvement possibilities. My original plan was to live in it for couple of years and rent out later on, but seems gov would not allow flat with EPC D to be rented out, and I worried that I might not be able to switch to Buy to let mortgage after 2025. This is not a cheap flat as it is in canary wharf. I am so stressful now, would there be a big problem if I buy it?

wilfred30

You've already identified the problem in that you would not be able to rent it out after 2025.  Therefore, if you still plan on doing that, there doesn't appear to be much point in buying that particular flat.

user1977

Not "new build", more "crap conversion of crap office block which nobody wanted to use as offices" - bet you there are other problems beyond the EPC rating.

yya

user1977 said:

Not "new build", more "crap conversion of crap office block which nobody wanted to use as offices" - bet you there are other problems beyond the EPC rating.

The developer is called London green. Seems like a small developer 

Doozergirl

user1977 said:

Not "new build", more "crap conversion of crap office block which nobody wanted to use as offices" - bet you there are other problems beyond the EPC rating.

This.   We've highlighted a lot of issues with these Permitted Development properties not meeting meeting building regulations on important safety issues, like fire escape even - which is shocking after Grenfell.  

There's no way they should be charging top whack if they can't meet current regs for energy efficiency.  It's an inferior product.  

I'd be very, very wary of PD office conversions. 

yya

Doozergirl said:

user1977 said:

Not "new build", more "crap conversion of crap office block which nobody wanted to use as offices" - bet you there are other problems beyond the EPC rating.

This.   We've highlighted a lot of issues with these Permitted Development properties not meeting meeting building regulations on important safety issues, like fire escape even - which is shocking after Grenfell.  

There's no way they should be charging top whack if they can't meet current regs for energy efficiency.  It's an inferior product.  

I'd be very, very wary of PD office conversions. 

I am so surprised as well considering the new regulations will come into play in2025, can’t believe why they can build with epc rating as d

macman

yya said:

Doozergirl said:

user1977 said:

Not "new build", more "crap conversion of crap office block which nobody wanted to use as offices" - bet you there are other problems beyond the EPC rating.

This.   We've highlighted a lot of issues with these Permitted Development properties not meeting meeting building regulations on important safety issues, like fire escape even - which is shocking after Grenfell.  

There's no way they should be charging top whack if they can't meet current regs for energy efficiency.  It's an inferior product.  

I'd be very, very wary of PD office conversions. 

I am so surprised as well considering the new regulations will come into play in2025, can’t believe why they can build with epc rating as d

They haven't 'built' it, it's a conversion of an old Docklands office block probably thrown up in the 1980's when controls were very lax in Enterprise Zones.
They just partition up the office areas and install the minimum necessary services for domestic use.