Property News · January 31, 2018

Mortage lender raises the roof over leasehold solar panels


Our buyer’s preferred lender won’t consider them for a mortgageWe bought a house in 2010 and had solar panels installed on a leasehold basis. We want to sell, but the buyer’s preferred lender won’t lend on properties with leasehold panels.We have tried to buy out the panels, as per a clause in the lease. It states that we have to compensate the company for the loss of their “feed-in tariff” – we know this will be around £20,000. Continue reading…

Source : theguardian.com
Read more…Mortage lender raises the roof over leasehold solar panels

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