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.
Barclays finance solar panels.
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Barclays sold financing for solar panel systems between 2011 and 2015.
We always seek to ensure customers are satisfied with our financial products.
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.
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.
Consumer reclaim specialises in consumer mis selling of goods services and insurance.
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Loans for solar panels were taken out through barclays bank which said.
Around a million homes in the uk are fitted with solar panel systems.
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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.
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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.