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    There is a lot of publicity about this currently and it may be the best thing since sliced bread but...

    ,,, be careful.

    I would caution against being an 'early adopter' as we do not know what the impact will be on house prices and the market.

    What you will effectively be doing is taking out a long-term loan that when you sell the property will be left with that property. It could have a detrimental effect on the value or sale prospects of your home. Solicitors have certainly flagged up a number of concerns.

    Think:

    What if someone is thinking about buying a home who has the cash to modernise, insulate the property, or whatever, without a loan or with a loan at very good rates better than the rate charged under the Green Deal. They may be put off by a property subject to the Green Deal and may therefore want to negotiate the price down to compensate.

    As I say, it may be a good thing and worthwhile, but I would suggest letting others pioneer this and test it out first.... See what the impact is before leaping into it.

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