Solar panels and the Lenders' Handbook
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 CML’s 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.
Conveyancers, solar panel providers and conveyancers should refer to clause 5.14 in parts 1 and 2 of the CML Lenders’ Handbook for Northern Ireland. In Northern Ireland a lease of roof space is not acceptable to lenders. A lease of rights is required.
At present there is no guidance for Scotland.
- CML-BSA guidance for solar PV panels on roofspace in England and Wales (5 July 2016)
- Template letter for solar PV panels in England & Wales v3 updated Oct 2013
- CML-BSA guidance for solar PV panels on roofspace in Northern Ireland (29 December 2014)
- Template letter for solar PV panels in Northern Ireland