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Had been you sold “self-funding” Boards using Barclays Loans?
A huge number of consumers along side Uk try worrying to help you Barclays in the the newest mis-selling from finance to fund the acquisition from awry or badly undertaking residential solar panels. Barclays sold new financing deals into base that payments to possess fuel generated by this new solar panels perform protection the price of your own money.
not, within panel’s feel, he’s located many solar energy panels do not become near to creating adequate times to cover the monthly payments. It has got remaining thousands of Uk citizens into the an effective spiralling debt that they cannot afford and that they were not warned on.
The Monetary Properties Ombudsman has recently acquired thousands of issues off people that allege they might be mis-sold fund by Barclay. If you think you have got a valid allege from the financial, our pro solar panel off lawyers helps you claim compensation. This may safeguards people losings considering the installations, and the cost of removing and you can repairing any wreck to your possessions.
Installing a solar panel system is very costly, anywhere between ?seven,one hundred thousand so you can ?fifteen,one hundred thousand. Solar panel organizations understand the majority of people do not want so it, therefore wade door-to-door giving money of Barclays to cover the fresh systems.
So you’re able to pay off this loan out-of Barclays, British customers was in fact told through solar power businesses that their solar power committee systems is “self-funding”, just saving him or her cash on month-to-month energy expenses, payday loans Savannah and causing them to money from the excess time they generate.