If a Green Deal plan exists on the property, what clause is typically inserted in the contract regarding repayments?

• A. A clause that the buyer acknowledges taking over Green Deal repayments.
• B. The seller remains responsible for Green Deal repayments.
• C. Green Deal must be canceled before completion.
• D. The contract cannot mention Green Deal.

Answer: (A)

Green Deal repayments are a loan secured against the property, creating a charge that can transfer with ownership. When the property changes hands, the obligation to continue repayments is typically assigned to the purchaser, so the contract includes a clause where the buyer acknowledges taking over the Green Deal repayments. This protects both sides: the buyer is aware of the ongoing burden and the seller isn’t left with ongoing liability after completion. The other options don’t fit the usual conveyancing practice: the seller isn’t automatically responsible after completion, there’s no need to cancel the Green Deal before completion, and the contract can and should reflect the existence of the Green Deal rather than omitting it.