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FIT Solar Panels

Hello all,

I am in the process of purchasing a property with Solar Panels. I have checked the lease and the company. Turns out the company was dormant at the time.
Does this make the initial contract null and void ?

Thank you

Comments

  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    1,000 Posts Third Anniversary Name Dropper
    edited 8 August 2022 at 6:45PM
    This is something that your solicitor should be doing as part of his/her searches. If it is a ‘rent a roof’ scheme and the installer has gone into receivership then the FIT is normally sold on as it has value. You can check if FIT is being paid by checking the central FIT register.

    FITRegister@ofgem.gov.uk
  • MWT
    MWT Posts: 10,715 Forumite
    10,000 Posts Sixth Anniversary Name Dropper
    Hello all,

    I am in the process of purchasing a property with Solar Panels. I have checked the lease and the company. Turns out the company was dormant at the time.
    Does this make the initial contract null and void ?
    No, it is not uncommon to form a dormant company to hold a property asset such as a lease.

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