Providing Reliable Solar Panel Advice
Solar panels will become more popular in the future and will be part of a range of options open to householders to micro-generate electricity from renewable sources.
However, before committing, ensure that you have answers to the questions below to ensure that no complications arise later.
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Solicitors With Expert Solar Panel Knowledge
Over 10,000 properties in the UK now generate electricity through Solar Panels on their roofs.
Solar Panels are seen as a cheap and environmentally friendly source of electricity and income, with payment being received from energy suppliers for unused electricity being sold to the National Grid.
The price of Solar Panels and the associated microgeneration converters are getting lower all of the time.
As a result, installing these systems is becoming an increasingly attractive investment.
However, it would be best to consider certain things before committing to installation, many of which are detailed below.
Questions To Ask About Solar Panels
Is your property suitable? Does it have a south- or westerly-facing roof large enough to justify the cost of the installation? Do chimneys, etc, cause any shadows? Will the panels interfere with later development plans for the property, such as loft conversions?
Is the roof structurally safe enough to support the weight of the panels, and do you have space for the converter apparatus?
What is your property’s energy rating? Most properties sold in the last few years will have an energy performance certificate (EPC). Your EPC rating will determine the level of feed-in tariff you will receive for unused electricity sold to the National Grid.
What deal does your existing energy supplier offer about FITs, and will you need to make separate arrangements with other suppliers?
Are there any planning permission issues? Are there any restrictions on your deeds regarding structural alterations or altering the outside appearance of your property?
Will an upgrade of the electrical system at the property be needed?
Does your building society consent to the structural alteration of the property? You must inform your lender even if you pay cash for the panels. If you are not paying cash but are entering into a lease agreement, it is essential that you contact your lender at an early stage for approval and also get legal advice on the terms of the draft lease. Not all agreements are acceptable to all lenders, and you may be restricting your options regarding remortgaging or selling the property.
Make sure that you get the permission of your insurers to alter the property.
If your property is leasehold, you must obtain permission from your landlord.
Frequently Asked Questions For Solar Panels
How do I determine if the solar panels will be transferred to me when I purchase the property or if they are leased to a third party?
Your solicitor will advise you after looking at the deeds.
What does it mean if the solar panels are leased?
This means that you will receive the electricity generated by the panels free of charge but will not accept any payment for the Feed-In Tariff, which is the excess electricity sold back to the grid.
Can I get a mortgage on a property with solar panels?
Probably—if the property owns the panels, then, subject to building regulations and—if applicable—planning permission being obtained, most lenders will lend. If the panels are leased, it’s a lot more complicated, and the solicitor will need to ensure that the lease complies with the lender’s requirements.
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Contact Us To Discuss Solar Panels Today
If you have questions about Solar Panels and require further advice on how they can impact a property, contact our specialist advisors today using the numbers provided here.
Our phone lines are open Mon to Fri: 9:00am – 5:00pm.
Contact us today or visit a local branch
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01782 956123
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01782 956123
Sandbach:
01270 449106
Leek:
01538 710247