Green Deal Credit Checks Could Stymie Demand

Industry experts have expressed fears moves by the Green Deal Finance Company (GDFC) to credit check customers could increase costs and suppress demand for the government’s flagship scheme.  It has never been clear whether credit checks of customers would be required under the Green Deal because of the unique way that the schemes loans are tied to the property not the occupier.  However, the Office of Fair Trading has advised the GDFC it will need to conduct them to comply with financial regulations.  Read more on the Building website.