On 19/01/2014 11:31, tim...... wrote:

"harryagain" wrote in message
...

"tim......" wrote in message
...
If you weren't thinking of having panels to keep the FIT for yourself
what have you lost?

The gullible bit is:-
"What happens when you want to sell the house?"

so what happens when you do want to sell the house

In effect, you are leasing your roof to the company supplying and
fitting the PV panels, and lenders are generally unwilling to mortgage
encumbered properties.When you come to sell, the purchaser's lender sees
that there is a registered charge on the property, and either hikes the
rate or declines to mortgage the property, as the title is not free and
clear. If it's a cash sale, then there may or may not be a problem
depending on the legal advice given to the purchaser.

Incidentally, if you go for one of these deals, you need permission from
your lender before going ahead, as many mortgages forbid you from
granting a lease on part or all of the property to a third party.

Nothing to do with the The Unfair Terms in Consumer Contracts
Regulations 1999.


--
Tciao for Now!

John.