There is therefore a reasonable chance that if you are in the market to buy a new property you will come across properties that already have solar panels installed.
Buying a house with existing solar panels uk.
But pitfalls await the unwary.
While solar panels are very beneficial in reducing energy costs and providing a sustainable source of energy for your home the presence of solar panels can have an impact on the conveyancing process.
This respect please contact a member of our residential property team on 0345 20 73 72 8 or conveyancing thursfields co uk.
Here s what you need to check before making an offer.
Without a solar battery this excess energy will be sent to the national grid.
Should you move into the house with panels but no solar battery then they re well.
If you are planning on buying a house with solar panels.
In addition to saving you money on your energy bill buying a home with solar panels will also boost your home s value and make it more attractive for resale down the road.
Well over 500 000 properties in the uk now have solar panels installed on their roofs this equates to approximately 2 of the 28 000 000 homes here in the uk.
Buying a house with solar panels financed through a solar loan.
Solar panels are usually fixed to the most southerly facing pitched roof on a house.
Solar panels mean cheaper electricity and maybe a revenue stream.
A smart decision buying a home with solar panels is a smart decision just so long as the panels are owned rather than leased.
However having a solar battery means all of that spare energy can be stored so that it s ready to use when the solar panels aren t generating energy like in the evenings.
Will you actually own the solar panels.
If a homeowner installs solar with a secured or unsecured solar loan the loan will always remain their liability even if the property is sold.
Questions to ask when buying a house with existing solar panels if you re a homebuyer planning to buy a home that already has solar panels installed here s a quick guide to things you need to know.
What you need to check before buying a house with solar panels.
With the rise in popularity of solar panels in recent years many homes are now being sold with solar panel installations on the roof.
What to consider when buying or selling a house with solar panels 3 june 2019 the popularity of solar panels has spread over the past few years as householders have been tempted by the prospect of long term free electricity and in some cases an income generated from selling electricity to energy companies.
Buying a house with owned solar panels.
Buying a house with solar panels.
