Barclays Finance Solar Panels

The bbc says that two defunct companies pv solar uk and myplanet are accused of mis selling loans from barclays bank to fund domestic solar pv systems supplied and installed by them.

Barclays finance solar panels.

Where customers have cause to complain we. To reassure you we are fully committed to giving you the support that you need. Loans for solar panels were taken out through barclays bank which said. Thousands of customers have complained about being mis sold finance for the installation of solar panels on their homes roof according to a bbc news report.

Barclays sold financing for solar panel systems between 2011 and 2015. Coronavirus help contact us. Barclays is facing a 38 5 million bill to compensate households over solar panel loan mis selling and other failings by businesses that brokered its finance deals barclays partner finance a. We know you might be worried about the impact of coronavirus on your life and finances.

However a number of homeowners have filed complaints with the financial services ombudsman alleging they were misled about the savings and financial return they d see from the systems. Around a million homes in the uk are fitted with solar panel systems. Barclays bank has become embroiled in a fresh mis selling scandal after the ombudsman found evidence that some households were misled into taking out loans to put solar panels on their roof the. Joan and david rowe from upminster essex fell victim to a door to door solar panel salesman who signed them up for a 14 000 loan claiming they would be better off.

We always seek to ensure customers are satisfied with our financial products. Barclays is one of a number of institutions reportedly under investigation over high pressure sales tactics and mis selling of loans to fund domestic solar panels by david campbell posted 8 may 2018. Coronavirus help and support.