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T O P I C R E V I E W
Matthew.76
Posted - 14 November 2011 : 16:28:38 Dear all, I would really appreciate some help on my bankruptcy. I am in the process of buying back my property from the OR as the house was deemed to be in negative equity. The solicitors acting for the official reciever have said they require an EPC in order to go ahead with the transaction. The OR is completely unaware of this being the case and the solicitors only told me the day after they were due to complete stating that 'upon further review of the file I must provide them with an EPC in order to go ahead with the transaction' Has anyone come across this before? Is the "sale" subject to all the requirements of a normal sale? Any Help/Advice would be massively appreciated.
4 L A T E S T R E P L I E S (Newest First)
Richard P
Posted - 14 November 2011 : 18:17:51 full of useless information that can help even the worse insomnia sufferer.
Good Luck Richard,
debtinfo
Posted - 14 November 2011 : 18:00:01 hmmm, one of the reasons that they always ask you to take advice from your own solicitor before going ahead
Melanie.n
Posted - 14 November 2011 : 17:06:30 thanks for that Richard - I had no idea what an EPC was...and thankfully you put me out of my misery!
Melanie Nicholas CertDR 30 years insolvency experience - 23 of which in the Insolvency Service - Insolvency Manager Jones Giles
Richard P
Posted - 14 November 2011 : 16:53:32 This is not my line of expertise but from my understanding An Energy Performance certificate is required when a building is constructed, rented or sold. A building will need an EPC if it has a roof and walls and uses energy to ‘condition an indoor climate’. This means it has heating, air conditioning or mechanical ventilation. For example, a garden shed would not need an EPC if it doesn’t have any heating.
You should receive an EPC when you are thinking about buying or renting a home. You’ll need to provide one if you are selling or letting your home. An EPC is valid for ten years.
having read through the paperwork the vendor should pay for it but for the £50 or so it will cost might be as well to pay it and get the transaction done
