Solar PV

warmhands.coldheart

waltsalt wrote: »

I know, I read what you said. I'm just saying that if she bought them outright then the worries for the mortgage company should have been alleviated because there was no 3rd party contract. As such, she would be crazy to remove them (unless she wanted to take them to her new property).

Should have.... indeed but weren't... they insisted on them being removed....... ...... that's what happened. wrongly or rightly, sensible or not....... I'm just saying.. that was the banks view....

Cotta

warmhands.coldheart wrote: »

Should have.... indeed but weren't... they insisted on them being removed....... ...... that's what happened. wrongly or rightly, sensible or not....... I'm just saying.. that was the banks view....

The banks are king makers at times and they just revel in being completely inflexible.

A.L.D.A

Link to Planning requirements.
http://www.planningni.gov.uk/de/index/advice/advice_apply/advice_apply_homes/advice_home_work2/advice_home_solar.htm


Some of the installations are visually hideous. Often with minor modification and a bit of thought they could be incorporated in a more asthetically pleasing position or arrangement. Makes a complete nonsense out of Planning Regulations. Why worry about roof finish when you can add these at random? They really should require Planning Permission and if they did perhaps we would see some improvement.

rolo1_2

Actually not all banks will refuse a mortgage on houses that "rent" solar panels. And not to be pedantic about this but the solar companies are not renting the roof as such they are taking a stake in the air above your property. Pretty much the same thing I agree.
In the case being referred to the person with the panels was not refused a mortgage it was the prospective buyer of the house. the lady resolved the issue by buying the panels outright and then taking them off the roof -so sale could go through. She then took her now owned panels with her to the new home.
But yes I agree if you want panels try to buy them outright in the first place.

warmhands.coldheart

rolo1 wrote: »

Actually not all banks will refuse a mortgage on houses that "rent" solar panels. And not to be pedantic about this but the solar companies are not renting the roof as such they are taking a stake in the air above your property. Pretty much the same thing I agree.
In the case being referred to the person with the panels was not refused a mortgage it was the prospective buyer of the house. the lady resolved the issue by buying the panels outright and then taking them off the roof -so sale could go through. She then took her now owned panels with her to the new home.
But yes I agree if you want panels try to buy them outright in the first place.

Sorry, Rolo, I have to disagree with you... they are not "taking a stake in the air above your property.".. they are renting your roof... the PV panels are physically attached to your roof, not hung from some sort of sky hooks or hot air balloons. The cabling feeds into your houses electrical supply, physically hard wired to your house....

In the case being referred to on the Radio Ulster Program, Again I have to disagree...... it was the Banks Evaluator insisting on them being removed before he could even give a value on the house.. she was very specific on this point.......
Yes she did buy them out (Think it was about £7000 ish if I remember correctly to buy out the contract) and she did take them with her but I'd say that's probably more to do with the fact she wouldn't have got that price for them from anyone buying the house.... they could have installed their own new system cheaper..

saverbuyer

Rolo is correct in saying that you are renting the lower stratum as opposed to the roof itself but still a lease agreement will be in place for the roof space. If a mortgage is in place, the original purchaser should have obtained consent from their lender. While one lender may agree to the lease there's no guarantee that ever other lender will.

The same applies to panels bought outright; consent to the install will be required before installation.

I wouldn’t bother installing them full stop, unless I was sure I’d be in the property for the next 25 years. It will take legislation and case law a while to catch up with some of these issues.

saverbuyer

A.L.D.A wrote: »

Link to Planning requirements.
http://www.planningni.gov.uk/de/index/advice/advice_apply/advice_apply_homes/advice_home_work2/advice_home_solar.htm


Some of the installations are visually hideous. Often with minor modification and a bit of thought they could be incorporated in a more asthetically pleasing position or arrangement. Makes a complete nonsense out of Planning Regulations. Why worry about roof finish when you can add these at random? They really should require Planning Permission and if they did perhaps we would see some improvement.

Couldn't agree more, the PV panels look ridiculous. The solar ones aren’t as bad.

I think they should be a greater push to require all new builds to have the PV tiles rather than having the hideous retrofit installations popping up everywhere.

warmhands.coldheart

saverbuyer wrote: »

Couldn't agree more, the PV panels look ridiculous. The solar ones aren’t as bad.

I think they should be a greater push to require all new builds to have the PV tiles rather than having the hideous retrofit installations popping up everywhere.

Couldn't agree more and in fact it would be reasonably more affordable to do if it wasn't for Europe restricting the import of Chinese panels to protect the big German manufacturers..

rolo1_2

The same applies to panels bought outright; consent to the lease will be required before installation.

Surely if you buy panels outright, you own them and therefore there is no lease.

saverbuyer

rolo1 wrote: »

The same applies to panels bought outright; consent to the lease will be required before installation.

Surely if you buy panels outright, you own them and therefore there is no lease.

Sorry you're right, I mean you need the banks (first charge holder) consent to install rather than lease.