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United Kingdom: Green Deal debt may have to be repaid before property sold

2013-05-19 08:16:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Homeowners taking out a loan under the government's Green Deal energy efficiency scheme could find themselves having to pay off the debt before they can sell their property, according to consumer body Which? Since January, householders have been able to sign up to the Green Deal, which allows them to pay for energy efficiency improvements in their home with no, or little, upfront cost; instead, these are funded by a loan repaid through their electricity bill. Crucially, the "golden rule" of...

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Category:Electronics and Electrical

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