Buying A Property With Solar Panels Uk

The presence of the solar panels could have an adverse impact on a mortgage lenders security therefore when installing the panels the home owner should have obtained their lenders consent.

Buying a property with solar panels uk.

Rent a roof schemes. However just because the panels are fixed to the property s roof it doesn t necessarily mean that they belong to the property owner. Solar panels are usually fixed to the most southerly facing pitched roof on a house. We would certainly seek legal advise if this is the case just to see where you stand.

As a buyer certainly shouldn t be put off buying a property with solar panels however if the panels lack the mcs accreditation or were installed as part of a rent a roof scheme we would be very cautious. In 2010 the uk government introduced the feed in tariff fit which was in hindsight so generous that many companies offered to fit solar panels for free. Payment rate at time of joining fit new build solar pv system 1 april 2010 31 march 2011. The owner of the property you re interested in buying should be able to provide details of the payments they re receiving through the scheme and how much time is left on the contract.

Will you actually own the solar panels. If you re considering buying a leasehold property with solar panels the freeholder will need to be contacted to ensure that the necessary permission has been obtained.