Buying A House With Leased Solar Panels at Buying

Buying A House With Leased Solar Panels. There is a common misconception that buying a house with leased solar panels provides you with the option of taking off the panels and end the lease. What do i need to know about buying a house with solar panels?

It means that when you buy the home, you will fully own and be responsible for the solar panels. Details of any planning and building regulations consents that will have been required. “is it harder to sell a house with solar panels?” selling a house with owned solar panels is more straightforward than selling a home with leased panels.

Leasing solar a costsaving option for homeowners

If you're considering buying a leasehold property with solar panels, the freeholder will need to be contacted to ensure that the necessary permission has been obtained. Solar installations owned by the homeowner bring serious value to a home. If the solar panels are leased, there will be a standard 25 year term lease in place. When selling a home with leased solar panels, you must either transfer the lease to your home buyers or purchase the panels from the solar company to conclude the lease early.