We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Debate House Prices


In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Crystal Ball help

Fliss_M
Fliss_M Posts: 698 Forumite
Part of the Furniture 500 Posts Photogenic Combo Breaker
Get em out, spit polish them off, I'd like your views :D

I live in a 2 bed terrace new build (sept 06) Currently there are 3 of us there but in the future there will be 4 and I dont intend on moving till we can afford a house in the area I want. So we will be there for another ten years mayb?

Am thinking of "A Greener Shade" solar pannels. There free pannels that have to be there 20-25 years. There free because the co gets paid for the electricity going to the grid and I get the electricity I use while the panels opporate for free. They effectively rent your roof and pay their rent with free electricity. Now these will take up most of my roof on the south side. But, with it being new build, the loft is convertable. But I dont know if I would convert it (tho time changes views) But if we did it would mean only a dorma window on the north side and no velux's on the south.

So my question is how will it effect the price of my house (you see why that ball needed polishing now ;)) Were currently in negative equity, tho if were planning to sell in 5-10 years time I dont think that effects us much. But say we got the pannels, then converted the loft, how badly would the price (or saleability) be effected by no windows on both sides,(especially the south side) only 1 side.

Your views and opinions really. I want to do things that increase the price & saleability of the house, tho with nada budget for the forsee-able 2-3 years (debts then new baby) am over a barrel with the loft. But 20-25 years is a long time, especially when we wont be around for most of that (tho again, that depends on markets)

:rotfl:
The will to save every money saving penny we can

Comments

  • Beware of the man dressed in blue & white

    Your great great great grandmother is very please with what you have done
    Not Again
  • silvercar
    silvercar Posts: 49,995 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    Am thinking of "A Greener Shade" solar pannels. There free pannels that have to be there 20-25 years. There free because the co gets paid for the electricity going to the grid and I get the electricity I use while the panels opporate for free. They effectively rent your roof and pay their rent with free electricity

    If these were really free, wouldn't they be dotted across the country? I would investigate how "free" these really are.
    I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.
  • Fliss_M
    Fliss_M Posts: 698 Forumite
    Part of the Furniture 500 Posts Photogenic Combo Breaker
    there is already a thread on this around (green money saving?) It looks the business. Its just rather then you put up the 12k, get the pannels and the electric co pays you, they pay these guys. Their opporating in south yorkshire and the touching county's. (myself being north notts)
    The will to save every money saving penny we can
  • IveSeenTheLight
    IveSeenTheLight Posts: 13,322 Forumite
    Fliss_M wrote: »
    But, with it being new build, the loft is convertable. But I dont know if I would convert it (tho time changes views) But if we did it would mean only a dorma window on the north side and no velux's on the south.

    So my question is how will it effect the price of my house (you see why that ball needed polishing now ;))

    Personally I would see it as an advantage if a property I was considering had solar panels which reduced the utility bills.
    Of course I guess a lot will depend if they look unsightly, but nevertheless, I still would guess it would not adversly affect your property price.

    With regards to the loft. I'd check again.
    I once bought off plan and sold a new build property and certainly the loft was recorded as not being able to convert or even panel for storage.
    I believe it had to do with the guidelines for insulation.
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    much much will the untility bills be reduced by?
    if its only 100 or so then its simply not worth it, is it?
  • Fliss_M
    Fliss_M Posts: 698 Forumite
    Part of the Furniture 500 Posts Photogenic Combo Breaker
    they estimate half, but the vast amount of electricity I use will be in the evenings as (once he has a job) we both work. But provided I set the dishwasher and washing machine off during the day, theres part of the saving. Hum, how would I calculate that sort of thing?
    The will to save every money saving penny we can
  • RenovationMan
    RenovationMan Posts: 4,227 Forumite
    You can get electricity monitors that tell you how much electricity you're using per appliance you turn on. I don't think they cost much and they'll tell you how much electricity you're using and you can then base your calcs on more accurate figures.

    I was watching BBC news this morning about a normal home that was made into a green house by using solar water heating, water recycling, etc. The first thing they said to do was to insulate everything.
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I think they'd put potential buyers off because by the time you sell they'll be a bit old, might be a bit shabby. Also, if there's a problem with your roof under the panels, you'd be having to pay extra to have them professionally removed/replaced to get your roof looked at.

    Also, they would impact on your house insurance probably - check who has the responsibility for them. What if your chimney/similar were to break them, or there were high winds in December and they came adrift and broke your roof. Could be tricky getting to "who pays" and ownership of the problem.

    Potential buyers might not like the look of them, or might not want them there with somebody else getting the income. Technology is moving fast, in 10 years' time there'll be a nicer/better solution and your buyers might have preferred the newer/more efficient versions, with them getting the full benefit.

    I've no idea really, but I do like to ramble.
  • Fliss_M
    Fliss_M Posts: 698 Forumite
    Part of the Furniture 500 Posts Photogenic Combo Breaker
    no some excellent points pastures new! Thank you very much!
    The will to save every money saving penny we can
  • vivatifosi
    vivatifosi Posts: 18,746 Forumite
    Part of the Furniture 10,000 Posts Mortgage-free Glee! PPI Party Pooper
    Fliss, I've read a lot about companies developing thin photovoltaic film which will be more cost effective in the long run and give greater efficiencies. I've looked at upgrading to solar when such technologies are available as there is the opportunity to cover a greater area for cost and use more marginal surfaces.

    I don't think the technology is there yet or is in its infancy, but I'd be concerned about spending out £12k if as nanotechnology grows a cheaper, better alternative will be along within the next 5-10 years that will make existing panels obsolete. I'm only an interested observer btw, so please read into this yourself if this is something that sparks an interest. Also if the company is legit, they should also be able to give you some thoughts on the new tech.
    Please stay safe in the sun and learn the A-E of melanoma: A = asymmetry, B = irregular borders, C= different colours, D= diameter, larger than 6mm, E = evolving, is your mole changing? Most moles are not cancerous, any doubts, please check next time you visit your GP.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.3K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.3K Work, Benefits & Business
  • 601.1K Mortgages, Homes & Bills
  • 177.6K Life & Family
  • 259.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.