DECC moves on Green Deal debt concerns in rented homes

The department’s latest proposals to amend consumer credit legislation should remove most but not all uncertainty over the Green Deal in the rental sector

DECC has confirmed it will amend the Consumer Credit Act (CCA) 1974 to help unblock the spread of Green Deal plans into the rented homes sector.

The aim is to give lenders confidence that Green Deal plans covering the rental sector are robust by clarifying the definition of debtors, their liabilities and rights under the act.

To date, providers, led by British Gas, have focused on owner occupiers because of greater legal certainty over liability. They are holding back on deals within the rental sector, which is perceived as riskier. This has excluded a third of UK homes from the scheme and contributed to low rates of Green Deal uptake.

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