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Buying House with Solar Thermal Panels

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  • ProDave
    ProDave Posts: 3,785 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Combo Breaker
    Glover1862 wrote: »
    Who owns the panels? they could be rent a roof in which case you have a problem.

    Normally You want the panels to belong to the house and when purchase the house you get the FiT payment and get the generated electric. Sound like a diy installation if its only heating water, you could just remove them
    These are solar thermal panels that only heat water, not solar PV that generate electricity.

    Even under the RHI scheme, the payments are small, and the "MCS premium" for using a registered installer vs an ordinary plumber may make it not worthwhile signing up for the RHI anyway.
  • ComicGeek
    ComicGeek Posts: 1,654 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    Why would you remove something which saves you money?


    The annual savings for solar thermal are incredibly small, probably only about £50-£60 for a perfectly running system. If there is a problem with the system and you have to call out someone to fix it, then you may end up with it costing you money.

    And when the system gets to 20-25 years old and needs even more maintenance (or replacement!), then you talking significant amounts. Much better to remove it, or at least turn it off and drain it down, before it starts costing money to run.
  • ComicGeek
    ComicGeek Posts: 1,654 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    marlex wrote: »
    Agree with you on the above, thanks. I have worded it wrong, the mortgage has been approved however due to the lack of documentation the solicitor is waiting for the lender to confirm if the mortgage conditions are satisfied so in a way the lender could refuse/reject it I guess...

    As long as they realise that it is solar thermal and no issue re 'roof renting' schemes, then I can't see how there would be a problem. It's not even as bad as missing FENSA certificates for windows, it's more on a par with not having the original receipt for a 10 year old washing machine....

    As other posters have said, it sounds more like your solicitor doesn't understand the difference between solar thermal and solar PV. Always worth a quick phone call to them to make sure this isn't the case, never assume anything.
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