Solar panels make your house more attractive to buyers
Posted by Cathy Debenham on 4 October 2012 at 6:52 pm
Solar panels are one of the most desirable 'deal-sealers' for people buying a new house according to new research. Logic says that solar panels should add value to a property, especially as most installations currently come with 20 or more years of feed-in tariff income attached. However, research on the subject is very thin on the ground.
New research by mortgage provider ING Direct has found that solar panels are one of the three biggest influencers that make a difference when people are deciding whether to buy a property or not. These are the things that people don't think are essential, but would encourage them to buy if they were wavering. The other two are weekly bin collections and a satellite TV connection. Also important are greenhouses, walk-in wardrobes and a good 3G signal.
Four in 10 people thought solar panels are the most desirable extra on a home. Richard Doe, the chief executive of ING Direct, said: “In today’s housing market you often have to compete against your neighbours to make that sale. “Price is obviously king, but knowing and promoting ‘deal-sealers’ can give you that vital competitive edge.”By Cathy Debenham
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