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However, the likelihood is that no one is going to get anything out of this.

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Also the banks have said they will give support but this is likely to be limited.The Impact Surveys carried out in the years following 2011 suggest that around 18% of commercial property stock in the UK has an EPC rating of “F” or “G”, so this is no drop in the ocean.The market is also likely to be affected in advance of the implementation of the new regulations as value of the property will be affected by the mandatory work that needs to be carried out and the possible gap in rental income a Landlord may suffer which the property is not lettable.This could cause havoc in rent review or lease renewal negotiations.Next Steps Landlords should review the EPCs on all of their properties and take steps now to improve their EPC rating to the required standard as soon as possible so it can plan any expenditure in conjunction with key dates across its portfolio.Banks have been imposing requirements for a couple of years on borrowers, obliging borrowers to spend the necessary money under threat of having the investment loan reduced in 2018.

Landlords may be inclined to think that the new regulations are future problem, if they already have sitting tenants.

In addition to this, the UK Government is also proposing to replace the Data Protection Act 1998 with a new Data Protection Bill which is due to be debated at a third reading in the House of Lords on 17th January 2018, at which point it should progress to the House of Commons.

The Gig Economy continues to create uncertainty for businesses with the Supreme Court due to hear the case of Pimlico Plumbers Ltd –v- Smith on 20th and 21st February 2018 following the Court of Appeal’s decision holding that a plumber was a worker (not a self-employed contractor) for the purposes of the Employment Rights Act 1996 and Working Time Regulations 1998 as well as an employee within the extended meaning of that term in the Equality Act 2010.

Contracts may not automatically be discharged, but often contractual clauses will allow for termination in the event of insolvency.

This could include a retention of title clause, sometimes known as a Romalpa clause or as a reservation of title clause, which allows the supplier to retain ownership over any goods supplied until certain conditions are met, thus providing them with a form of security.

Energy Performance Certificates (EPCs) have long been seen as an unnecessary annoyance but now the introduction of the Minimum Energy Performance Standard (MEPS) mean EPCs have the potential to cause real upset in the market.