We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. 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!
Mortgage lender asking about solar panel certificate
Options
jc292
Posts: 40 Forumite
Quick question - is it normal for a lender to be asking for confirmation of certificates (MCS certificate) for a solar panel installation?
We have a mortgage offer from YBS but are trying to switch it over to a new house (sadly purchase of original house fell through).
However on the house in question the installation was over 15 years ago and the MCS certificate scheme didn't exist until 2008. Furthermore it looks like MCS won't issue any certificates for previous installations pre-dating 2009 (http://www.microgenerationcertification.org/about-us/news-and-events/197-mcscertificatesnotcertified).
Bit worried they are going to come back to us and say no. This is after passing all the credit checks etc so really the final step. By the way there is no loan or anything like that associated with the panels (which are just hot water panels too, no electricity)
Has anyone else had any negative issues with getting a mortgage on a house with a pre-2008 solar installation? There must be a lot of houses out there being sold with solar panels of that age? I guess they haven't indicated there is going to be a problem so maybe I just need to wait and see!
We have a mortgage offer from YBS but are trying to switch it over to a new house (sadly purchase of original house fell through).
However on the house in question the installation was over 15 years ago and the MCS certificate scheme didn't exist until 2008. Furthermore it looks like MCS won't issue any certificates for previous installations pre-dating 2009 (http://www.microgenerationcertification.org/about-us/news-and-events/197-mcscertificatesnotcertified).
Bit worried they are going to come back to us and say no. This is after passing all the credit checks etc so really the final step. By the way there is no loan or anything like that associated with the panels (which are just hot water panels too, no electricity)
Has anyone else had any negative issues with getting a mortgage on a house with a pre-2008 solar installation? There must be a lot of houses out there being sold with solar panels of that age? I guess they haven't indicated there is going to be a problem so maybe I just need to wait and see!
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.2K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.7K Spending & Discounts
- 244.2K Work, Benefits & Business
- 599.3K Mortgages, Homes & Bills
- 177K Life & Family
- 257.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards