green deal installers

[SRE]

Apparently the Wolsey Group are just about set up to use Green Deal for distress boiler replacements and have concentrated on getting the time (in theory) down to just a few days. That's probably where GD will win out especially if you're able to make an early repayment on the loan - does anyone know if this is possible?

 

[finchy]

Isn't that all morally wrong taking advantage of people in need and leaving them with 7%interest plus fees. Surely the government doesn't intend the green deal to increase debt, and pray on the vulnerable.

 

[Worcester]

Thought I posted my Mrs Bloggins conversations a month or so ago ..... - aha back in MAY!!

POST 1:
" 5) Entry points into the green deal are most likely to be either the current crop of telesales offering 'free' insulation, or a 'distress' purchase: Mrs Bloggings boiler breaks down, they go in offer a replacement bolier (condensing of course) for 'FREE' on the green deal, and then immediately upsell on loft insulation, cavity wall insulation, double galzing etc etc. - all for 'FREE'.- gotcha Mrs Bloggins"

===================
POST 2:
"Becasue if Mrs Bloggins is broke, her boiler breaks, the nice young lad from British Gas will offer to replace her boiler for free AND to reduce her fuel bills if she'll let him also put in the loft and cavity wall insulation and triple glazing. All you have to do Mrs Bloggins is sign here, that it on that dotted line, and we'll revamp your house for you and you don't have to pay anything.

Ooh Betty he was such a nice young boy, if I was 2O years younger ...

But then I've become a cynic in my dotage :speechless:"

=====================
POST 3:
"However with what you've just said, on ECO, that confirms my appproach above - I should have expanded it a bit ' Mrs Bloggins wants EWI - that has an ECO grant of x, so will cost you y, - here's how you could pay for it ' and a criteria would be that the value of the ECO is to make sure it fits a (new) Golden Rule, else no ECO grant/subsidy i.e just beacuse I don't want to finance it via the Green Deal Loan, doesn't mean I can't get the ECO element.
​

Of course, seeing as you will (I believe this is one of the rules) be able to pay off your Green Deal loan at any time without penalty, perhaps we are going to see a lot of smart re-financing and a lot of 'missold' green deal claiming companies springing up to help people get out of it. I just can't see REAL doing a good enough job on this and being able to manage it let alone police it properly."

 

[Eco Deal]

The purpose of the green deal loan is

a. you can have bad credit history
b. you can walk away when you move
c. you get cash back in the early days.

I have just been handed a list of 200 domestic properties from a local property delovoper , I went to do some electrical work for him and when I spoke about the green deal he snaped my hand off ?

why ?

he gets to upgrade his housing stock for naff all .

all those who fall in the eco band which is around 80 people on that list will get the measures (green ticks ) for nothing and cash back.

I am meeting a GDP on thursday , and we will be be tackling the properties asap.

If theres any green deal installers for condensating boilers, cavity wall and internal or external wall then I can offer those measures to a green deal accredited installer.

Solar pv and solar thermal etc are not going to make it on the green deal as far as I know

 

[Worcester]

@MEP Elec I believe you're correct and that will be one of the biggest markets - not only that though - the tenant pays..... Property developer get his hiusing stock upgraded for free / at the tenants expense / saving ...

So a landlord could possibly get, EWI / cavity wall , loft insulation, new windows, new doors, new boiler all on the green deal and (someone) gets £1000 back, and the tenant pays for all this on their bill.

 

[SRE]

Isn't that all morally wrong taking advantage of people in need and leaving them with 7%interest plus fees. Surely the government doesn't intend the green deal to increase debt, and pray on the vulnerable.

Govt doesn't have any morals and neither will many associated with the Green Deal. Privately rented houses are often the worst in terms of energy efficiency, landlords should be forced to maintain decent homes standards but they aren't and instead the poor tenants are going to be held to ransom - it infuriates me!

 

[Eco Deal]

i think by 2016 a rented house as to be a E rating ...so thats a selling point

but I think they should up that to a D or C even then people would save some cash

 

[finchy]

So the green deal is for landlords wanting to upgrade their portfolio at the expense of the tenant and profiting from an increase in yield.

And desperate home owners whom struggle to afford to pay upfront for improvements but become financially worse off by paying 7% plus fees.

So if I look at another angle I will buy a property apply for a gd loan do it up sell it at a profit and leave the new owner with the debt. So the new owner pays twice for the green deal ! How do the RICS value houses with green deal !

The DECC are geniuses !!

 

[Megavolt]

@MEP Elec I believe you're correct and that will be one of the biggest markets - not only that though - the tenant pays..... Property developer get his hiusing stock upgraded for free / at the tenants expense / saving ...

So a landlord could possibly get, EWI / cavity wall , loft insulation, new windows, new doors, new boiler all on the green deal and (someone) gets £1000 back, and the tenant pays for all this on their bill.

am having a blonde moment what is EWI

 

[SRE]

External wall insulation - otherwise known as swi solid wall insulation. Both used frequently.

 

[Eco Deal]

the green deal will be a bouns for landlords and social housing but if it lowers the payments for everyone including the homeowner and tenants then its a good thing right ???

 

[sedgy34]

the green deal will be a bouns for landlords and social housing but if it lowers the payments for everyone including the homeowner and tenants then its a good thing right ???

The big boys will get bigger

 

[Gavin A]

the green deal will be a bouns for landlords and social housing but if it lowers the payments for everyone including the homeowner and tenants then its a good thing right ???

that's a big IF with the way the savings are calculated as I understand it.

Being based on a modified version of SAP instead of the actual gas consumption levels is a recipe for many who were already relatively low energy users compared to the average for their property to end up out of pocket IMO.

This is a massive inherent flaw in the scheme as it stands, but those running it will get away with it because those who take the green deal up won't be people who're able to afford to take them to court when it goes wrong.