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Solar panel lease

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Comments

  • I think if it came to it it’s would probably do the same
  • Yeah I think you are right it’s not so much a cost for the equipment/label etc. It’s a penalty for future lost money for them.
  • Cakeguts
    Cakeguts Posts: 7,627 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    I’m feeling like that now. It’s such a hassle, but we live the house and we’re so far into the purchase that I don’t think I’d pull out or anything. Also I work from home and since doing so my electric bill has rocketed so I actually want the benefit of free electric during daylight hours as I think we’ll save quite a bit.

    The sellers had the panels fitted. From what I’ve been told by the solicitor because it’s an ex council house there’s a list of convenants that they must not breach, one of which is they must not use the property for business purposes and leasing the roof space to a third party actually classes as a business which is where the landlord and tenancy act comes in. I’m pretty sure they just need to submit some notices to the council now and it should be ok. It’s the

    The only way the landlord and tenancy agreement could be anything to do with a covenant breach is if the council still has an interest in some of this house. Do they continue to own the garden and you lease it from them? Is the house leasehold? My house is freehold has never been a council house and it has covenents on it. For a breach of covenent we would not have anything to do with the landlord and tenancy rules as we don't have a landlord.
  • No it’s not leasehold. The owners are the landlords and the solar panel company are the tenants as the owners are leasing their roof out to them.
  • ProDave
    ProDave Posts: 3,785 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Combo Breaker
    AnotherJoe wrote: »
    Its very likely not much to do with the cost of fitting, its the loss of feed in tariffs over future years.
    Assuming these were fitted on the original high rate FIT, then they will be generating an income in the region of £1500 per year. There is probably still at least 19 years left to run on the FIT contract, so over that time they can expect an income of £28,500

    So they won't want to sell for much less.
  • Has anyone had any experience getting an unqualified certificate of title?
  • Cakeguts
    Cakeguts Posts: 7,627 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    No it’s not leasehold. The owners are the landlords and the solar panel company are the tenants as the owners are leasing their roof out to them.

    So what has this got to do with sending some papers to the council?
  • Because leasing roof space is classed as being a landlord which is classed as running a business which is a restriction the council put on the property when it was purchased from them therefore the owners should have notified the council but didn’t.
  • Cakeguts
    Cakeguts Posts: 7,627 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    Because leasing roof space is classed as being a landlord which is classed as running a business which is a restriction the council put on the property when it was purchased from them therefore the owners should have notified the council but didn’t.

    So if this covenent is still in existence what happens if the council refuse to lift it?
  • Not 100% sure as the solicitor didn’t return my calls Friday but he has said in an email that this is fairly simple to resolve as is the 3 month down to 2 month breaking clause bit. It’s just the charge on the property which is the sticking point, will see what he says tomorrow. The estate agents keep telling me that they’ve never seen a house sale fall through with these issues just delays but they also aren’t offering much advice.
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