Renewable energy is not only something that people who are already homeowners are taking an interest in, but it is also something that many people look for when buying a home. Getting solar panels installed by a professional company like this solar panels Cheltenham based company gsmlimited.com/services/solar-panels/Cheltenham is becoming more and more popular, due to the reduced damage to the environment and the ability to have lower energy bills.
If you are looking at a property that already has solar panels installed by the current owner or a previous owner, you should get the paperwork detailing the warranty of the panels and the installation date as your mortgage lender is likely to want to see this before lending the money for the property.
In some cases, the solar panel company may own the panels and have leased the roof area. In this case, your mortgage company will want to see the paperwork that details the terms and conditions of the lease, and it is important for both you and the lender to find out who would be liable for repairs to the panels themselves or the roof.
If you or the mortgage lender are not happy about leasing the roof, there may be an option where you can buy them out and then the panels become your own property with the rest of the house.
Although solar panels are an attractive thing for many buyers, it is worth making sure that you understand as much as you can about the panels in the house you are thinking of buying as possible.