Tuesday, 1 April 2014

"Help to Buy" Scheme and Renting Your Roof.

Thanks to rising energy prices, more and more people are looking to invest in solar energy as a way of saving money and reducing their energy bills. Which makes the prospect of free solar all the more tempting.

Known as the “rent-a-roof” scheme, a growing number of companies are offering to fit and maintain solar panels on your roof for free. On first impressions, free solar panels might sound like a good offer. But is it too good to be true?



Many people who opted for free electricity from their roof are now realising that the government “Help to Buy” scheme introduced in September 2013 has serious implications for what they thought was their home.

The government was so keen to introduce the controversial scheme allowing people across the UK to take out 95% mortgages that it failed to notice that the legislation included a “Right to buy clause” for existing tenants.

Many of the “rent-a-roof” companies now realise that their agreement with householders to rent their roof allows them to buy the property at market value minus a 60% discount as they are classified as sitting tenants.

In a statement today,  (April 1st 2014), Ed Davey, the energy secretary said: “We will be offering additional funds to Councils who will have to offer emergency housing for those made homeless by this legislation.”


Government spokesmen admitted that there was little they could do to reverse the current law and retrospective legislation would be difficult to introduce.


Andy and Pat Jones have lived in their 4 bedroom detached home for 37 years. Next week they'll be forced to leave.

"We're retired and moneys was tight, we just thought we could reduce our electricity usage and still keep warm."

The local council will re-house them in a one bedroom flat in a tower block. 

Rent a roof: Sometimes if it sounds "too good to be true" it probably is...





Icarus
Twitter: (@solaricarus)

2 comments:

  1. In a statement today, (April 1st 2014) ;)

    ReplyDelete
  2. Another cracker, I look forward to these every year

    ReplyDelete