Text for Report on Title
ROT: Renewable Heat Incentive (RHI) Payments Information
- Change date
- 23/05/2025
- Word count
- 168
- Deployment measure
- 9/10
Rationale
This wording alerts the buyer that the lease term is below the 87-year threshold increasingly required by mortgage lenders, which could affect future saleability if not addressed. It advises proceeding only if the lease is extended—either now or shortly after purchase—and requests written confirmation of the buyer’s instructions regarding whether or not to proceed with a lease extension.
The Renewable Heat Incentive (RHI) is a government scheme designed to encourage the use of renewable heat technologies. It provides financial support to homeowners who install systems such as: -
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