From 1st July the Council of Mortgage Lenders is integrated into a new trade association, UK Finance. For the time being, all UKF mortgage information will continue to be published on this website, and UKF member-only mortgage information will only be available here.

UK Finance represents around 300 firms in the UK providing credit, banking, markets and payment-related services. The new organisation takes on most of the activities previously carried out by the Asset Based Finance Association, the British Bankers’ Association, the Council of Mortgage Lenders, Financial Fraud Action UK, Payments UK and the UK Cards Association. Please go to www.ukfinance.org.uk for wider content and updates from UK Finance.

England and Wales

Most lenders’ mortgage conditions will require the lender’s consent to be obtained to any lease.This includes a lease of roof space for  solar panels.

Lenders’ requirements for leases to roof space are set out in clause 5.20 of UK Finance Mortgage Lenders' Handbook for England and Wales in both parts 1 and 2. Conveyancers, solar panel providers and home owners should refer to these requirements in the Lenders' Handbook.

Lenders who use the Handbook have a set of minimum requirements (pdf) and their own additional requirements which are set out in part 2. The minimum requirements include a template letter (pdf).

Northern Ireland

Because of the different legal jurisdiction Northern Ireland has its own set of minimum requirements (pdf) and template letter (pdf)

Conveyancers, solar panel providers and conveyancers should refer to clause 5.14 in parts 1 and 2 of the Lenders’ Handbook for Northern Ireland. In Northern Ireland a lease of roof space is not acceptable to lenders. A lease of rights is required.   

Scotland

At present there is no guidance for Scotland.