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!
Purchasing prooerty with solar panels. How do I know if owned or leased?
Comments
-
You can benefit from PV by having it heat your water (it may well do that already?) and put washing machine / dishwasher on in the daytime but I agree it's usefulness would be mostly weekends only in that case unless you got batteries.
Regards the lease you should be OK on resale / remortgage as long as the lease meets the new standard which it may well not.
I take it you'll be pulling out?0 -
We decided to go ahead with the purchase after seeing the solar panel lease. We weren't happy at first with the contents but the lease company agreed to change the lease so that they will uninstall and reinstall the solar panels for any essential roof repairs and improvements and must not charge for any costs associated in doing so for a grace period of 12 months and cannot seek to recover any loss from feed in tariff payments.
We considered it for a while and we really do love the house (it took 8 months to find it) and if we owned them then yes we would get FIT payments but we would also have to pay any costs for removal and reinstalling of equipment when needed and also any maintenance costs so we were happy to proceed.
I just wish that we had received honesty from the start.1
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 350.6K Banking & Borrowing
- 252.9K Reduce Debt & Boost Income
- 453.3K Spending & Discounts
- 243.5K Work, Benefits & Business
- 598.3K Mortgages, Homes & Bills
- 176.7K Life & Family
- 256.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards