Green deal: I must be very naïve ...

jimjames

ed110220 wrote: »

Are you sure of this? As far as I was aware the repayment obligation would pass to the new owner on sale. Of course some buyers may want this settled first, but then they would perhaps be expected to pay more for the house, rather than gaining the Green Deal improvements free of charge...

Given that the repayments should be less than the savings produced by the improvements, whoever buys the house should be better off just as the previous owner was, but then one cannot expect everyone to think logically about this ;-)

Ed

I guess it depends on the solicitor but mine definitely advised that if there was Green deal finance it should be cleared before completion.

groovyf

I thought energy companies were doing free wall cavity insulation?