There are a number of invasive weed species that have been introduced into the UK and are now causing serious…
Japanese knotweed is a type of invasive plant that has been causing problems for many homeowners. So, knowing what is…
If left untreated, Japanese knotweed can cause considerable property damage. Due to the banks’ unwillingness to lend, many sellers fear they will only be able to sell their home to a cash buyer, who will demand a price decrease to compensate for the hassle.
A Japanese knotweed infestation might make it difficult to sell a home. Buyers would much rather purchase a property that is free of knotweed rather than pay a large sum of money to eradicate this very invasive weed.
Knotweed can have a significant impact on the sale of residential properties. Mortgage lenders will not finance a house that has been affected unless it has a competent treatment plan in place with an insurance-backed guarantee, so there’s no way around it.
Japanese knotweed can be deadly to buildings. It grows quickly and is made of a hardy material that doesn’t decompose well so it’s difficult to remove. Surveyors check for Japanese knotweed in order to avoid costly repairs after the building has been constructed.
Should you buy a house that has had Japanese knotweed? It is not uncommon for houses to have been affected by this invasive plant, which can cause structural damage and break down drainage pipes.
Japanese Knotweed is a weed that can cause subsidence in buildings. If you have this invasive species of plant on your property, we recommend contacting professionals for removal immediately to prevent damage.
Can you get a mortgage if there is Japanese knotweed on your property? The answer may surprise you. If the weed isn’t too close to any buildings, then yes! In many cases lenders are able to overlook this issue and approve loans for these properties — just as long as they don’t have other major issues such as an unstable foundation or water damage in need of repair.
Know what the differences are between Giant Hogweed and Japanese Knotweed and which can cause more harm than good.
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