We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

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: 9,717 Forumite
    Fifth Anniversary 1,000 Posts 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.

Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 348.7K Banking & Borrowing
  • 252.3K Reduce Debt & Boost Income
  • 452.5K Spending & Discounts
  • 241.4K Work, Benefits & Business
  • 617.9K Mortgages, Homes & Bills
  • 175.8K Life & Family
  • 254.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.