One of the biggest concerns of homeowners considering solar panels is whether mortgages and house sales will be affected. Essentially, if you’re buying the solar panels outright and are eligible to receive the feed-in tariff, your mortgage won’t change in the slightest.
On top of this, the chances are that potential buyers will be more interested in your home because of the potential to save hundreds of pounds on a yearly basis, whilst earning the lucrative income of the tariff scheme too.
If having a mortgage affected solar panels, then it surely would not be as popular as it is now. There are over 6,000 installations every month up and down the country, which is fantastic for helping people to save money, whilst ending a reliance on the National Grid energy. Why not join them?
All you need to be is the owner of the property, and you’ll be able to have a system fitted.
Some homeowners get confused if they’ve heard details of the rent-a-roof scheme and the problem that arise from these. In these schemes, the homeowner doesn’t own the system. They benefit from cheaper energy bills, but the feed-in tariff income goes straight into the pocket of the installer.
If you’re considering solar panels on a property you rent out, then why not? After all, the property will be more attractive to tenants because of the money saving potential, whilst you’ll earn the feed-in tariff too. It’s a win-win situation.
If you’re planning to sell your property, in say the next five years, then you needn’t worry about complications either. Solar panels are the most desirable non-essential for potential buyers and properties with this renewable technology will be kindly looked upon.
Of course, solar isn’t for everyone. You only have to look through the local papers to see a neighbour making a complaint over someone’s ‘unsightly’ solar panels, but would you rather have a pretty rooftop or save and earn over £600 every year? If it’s the second, then solar is definitely for you.
Facts & Figures You’ll Love To Share
- [tweetable alt=””]With solar PV you’ll generate free electricity whilst earning a lucrative earning with the Government’s feed-in tariff.[/tweetable]
- [tweetable alt=””]Solar thermal panels help to heat hot water and benefit from the Renewable Heat Incentive payment for seven years.[/tweetable]
- [tweetable alt=””]Solar panels will last for 25 years and more, providing decades of savings and earnings and helping to avoid the National Grid rates.[/tweetable]
- [tweetable alt=””]Energy prices have doubled since 2004 and solar panels offer an escape from the clutches of the UK’s large energy suppliers.[/tweetable]