Buying a house with solar panels

paul991

I agree with last comments but if you see a  house advertised for a price you would expect that to be the complete price for the house and to include everything screwed or fixed to it . would you expect to pay more for the  doors or windows.The only thing I would pay more for is plug in appliances.In today's  climate the price should  be coming down anyway

Officer_Dibble

Petriix said:

If I was selling, I'd expect my 2017 3.42kWp system to add about £2,750 to my house value. If someone insisted on less than that, I'd consider taking them down.

£3,000 is probably about right.

You'd consider going to the expense of removing the panels and making good the roof to be left with a load of panels with very low second hand value, rather than accept an offer you deem too low? Isn't that cutting off your nose to spite your face? Because you (or at least most people) wouldn't do that, the offer can be relatively low, whilst not being so low that you'd wind the vendor up too much.

While I always enjoy a good Duckworth Lewis comparison, I think Solar Panels have more in common with the new car driven off the forecourt, with an instant drop in value once they're 2nd hand. Obviously their life expectancy is rather longer than a car's, but that's balanced by the difficulty of prising them off a roof rather than just calling up Rylan's garage. The new car comparison hasn't worked for the last couple of years thanks to their scarcity, but it does most of the time.

ecraig

So they previously were not included in the sale when it was being marketed, but now the seller wants you to have them if you offer money for them..?

Sounds like they have just realised how much of a faff it will be to remove them and they're trying their luck.

When we sold our old house we decided when putting together the fixtures and fittings list to include for free the white goods because we couldn't be arsed to move or sell them.

I would, personally, expect something retrospectively bolted to the property roof to be included.

Shocked your solicitor even entertained passing on the enquiry. I would have thought they would tell the vendors solicitor to jog on and include them.

Imagine removing those huge panels and storing them in the garage or shed of your new gaff - can't see the vendor doing it personally.

Petriix

Officer_Dibble said:

Petriix said:

If I was selling, I'd expect my 2017 3.42kWp system to add about £2,750 to my house value. If someone insisted on less than that, I'd consider taking them down.

£3,000 is probably about right.

You'd consider going to the expense of removing the panels and making good the roof to be left with a load of panels with very low second hand value, rather than accept an offer you deem too low? Isn't that cutting off your nose to spite your face? Because you (or at least most people) wouldn't do that, the offer can be relatively low, whilst not being so low that you'd wind the vendor up too much.

While I always enjoy a good Duckworth Lewis comparison, I think Solar Panels have more in common with the new car driven off the forecourt, with an instant drop in value once they're 2nd hand. Obviously their life expectancy is rather longer than a car's, but that's balanced by the difficulty of prising them off a roof rather than just calling up Rylan's garage. The new car comparison hasn't worked for the last couple of years thanks to their scarcity, but it does most of the time.

To be perfectly honest, I'm fairly sure that I would actually refuse to sell to anyone who was stupid enough not to realise the value of the energy efficiency measures I've implemented - I would actually tell them to go buy a different house. However, I wouldn't be trying to charge extra for the solar panels as a separate item, like everyone says: it's part of the overall package. But I'm not planning on selling anytime soon. 

Alnat1

I would think the estate agent would have given a valuation for the property which included the panels as they are part of the building, unless it was made clear at any point before you made your offer that the price didn't include them.

I've never seen sales particulars that say the gutters and drainpipes are included but people don't try and sell them as extras after a price is agreed.

Ganga

Alnat1 said:

I would think the estate agent would have given a valuation for the property which included the panels as they are part of the building, unless it was made clear at any point before you made your offer that the price didn't include them.

I've never seen sales particulars that say the gutters and drainpipes are included but people don't try and sell them as extras after a price is agreed.

I always laugh when people say " price to include fitted carpets " how many people have moved house and the old carpets would fit their new house 

Alnat1

We did swipe the underlay and put the carpet back down when we sold our first house......

House we'd bought needed total back to brick renovation and we had a toddler. Used the underlay as carpet for her to play on until each room was clean enough. 

Solarchaser

Petriix said:

Officer_Dibble said:

Petriix said:

If I was selling, I'd expect my 2017 3.42kWp system to add about £2,750 to my house value. If someone insisted on less than that, I'd consider taking them down.

£3,000 is probably about right.

You'd consider going to the expense of removing the panels and making good the roof to be left with a load of panels with very low second hand value, rather than accept an offer you deem too low? Isn't that cutting off your nose to spite your face? Because you (or at least most people) wouldn't do that, the offer can be relatively low, whilst not being so low that you'd wind the vendor up too much.

While I always enjoy a good Duckworth Lewis comparison, I think Solar Panels have more in common with the new car driven off the forecourt, with an instant drop in value once they're 2nd hand. Obviously their life expectancy is rather longer than a car's, but that's balanced by the difficulty of prising them off a roof rather than just calling up Rylan's garage. The new car comparison hasn't worked for the last couple of years thanks to their scarcity, but it does most of the time.

To be perfectly honest, I'm fairly sure that I would actually refuse to sell to anyone who was stupid enough not to realise the value of the energy efficiency measures I've implemented - I would actually tell them to go buy a different house. However, I wouldn't be trying to charge extra for the solar panels as a separate item, like everyone says: it's part of the overall package. But I'm not planning on selling anytime soon. 

So you are paying the asking price and have signed.
Oh no hold on, you don't understand that I've put extra insulation in, right that's it, I'm not selling. 
🤣🤣🤣🤣

jimjames

Officer_Dibble said:

My installation quote in March for 4.7kW was £4,400, there's no way he can justify asking £8k for a 6 year old installation.

Presumably the price is not down to the installation cost but the future revenue streams for 15/20 years. I was offered £20k to buy the FITs but my panels only cost £9k to install.

ecraig

jimjames said:

Officer_Dibble said:

My installation quote in March for 4.7kW was £4,400, there's no way he can justify asking £8k for a 6 year old installation.

Presumably the price is not down to the installation cost but the future revenue streams for 15/20 years. I was offered £20k to buy the FITs but my panels only cost £9k to install.

If you think about the future revenue stream for 15 to 20 years I would want to understand how long is left on the PV warranty too.
The revenue is only interesting IF the panels continue to work..