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Free pv Solor Panel

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Hi

Has anyone ever dealt with HIS Solutions??

I have had a survey done and my house is eligible to have them installed which will save me money on my electric bills.

The deal is that I rent my roof for 20 years and get cheaper electric.

Any opinions on this??

Comments

  • saverbuyer
    saverbuyer Posts: 2,556 Forumite
    Do you have a mortgage?
  • Yes I do.

    Will this have any bearing?

    I was reading over the contract and the company gain consent of the mortgage company I don't get involved in that.

    Is there something I don't know??
  • saverbuyer
    saverbuyer Posts: 2,556 Forumite
    I would seriously ask a solicitor to look over the contract. You are effectively renting out a roof you don't own. This could be a mine field when it comes to selling, mortgaging or if the company goes bust.
  • Beachview_2
    Beachview_2 Posts: 498 Forumite
    saverbuyer wrote: »
    I would seriously ask a solicitor to look over the contract. You are effectively renting out a roof you don't own. This could be a mine field when it comes to selling, mortgaging or if the company goes bust.

    Very interesting point :)
  • jjd
    jjd Posts: 216 Forumite
    I would advise you to get independent advice also. Over the years your circumstances may change, you may want to change mortgage company or sell etc and not all companies or buyers want to get involved with a third party who is using your roof.
  • tommie
    tommie Posts: 380 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    ... and where does your Home Insurance policy stand on all of this??
  • warwicktiger
    warwicktiger Posts: 1,106 Forumite
    Think of the future, would you buy a house that someone else had some control of part of?

    I wouldn't !
  • Beachview_2
    Beachview_2 Posts: 498 Forumite
    I was thinking of getting solar panels, the free ones. I would never be able to afford to buy them, and I'm not intending to stay in this house long term. I'm not getting them after all, after realising the pitfalls regarding mortgages, and putting off buyers who probably won't be able to get a mortgage.
  • Beachview_2
    Beachview_2 Posts: 498 Forumite
    I was doing a bit of research and came across this free solar panel warning from Which
    http://www.which.co.uk/news/2012/04/mortgage-risk-on-rent-a-roof-solar-panel-schemes-284238/
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