Banks Refuse to Lend for Properties Neighbouring Wind Farms

No surprise here then. This may be an Australia site but this is a problem in every country infected with wind and the same things are happening here but no one in government will admit it. Try to get a mortgage for a house where the resident is moving out because of in impending wind farm and you will soon find why the house sounded a bargain basement. A resident close to the Wester Balblair sub station, famous for the ‘Beauly Buzz’, found that “we buy any house.com” doesn’t buy houses blighted by noise issues!

STOP THESE THINGS

mortgage Giant fans next door? No deal …

Wherever giant fans have gone up – or are threatened to go up – neighbouring homeowners are finding that the value of their properties is being slashed in half – if they can find a willing buyer at all.

Scottish real estate agents trying to sell homes situated anywhere near giant fans are finding the task almost impossible, one of them, Iain Robb stating that:

“Properties next to sites where a planning application for a windfarm has been lodged are virtually unsellable.” (see our post here)

A while back we covered a report on the impact giant fans have on Australian rural property prices – put together by highly experienced property valuer, Peter Reardon. Reardon compiled a 30-page dossier on the impacts of wind farms on adjoining or nearby rural farms and found that having fans as neighbours led to discounts…

View original post 975 more words

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About Dougal Quixote

Slightly mad. Always believes a cup is half full so continues to tilt at Wind Turbines and the politicians that seem to believe it is their god given right to ruin Scotland for a pot of fool's gold.
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