Japanese Knotweed and Mortgages Problems
Do you have Japanese knotweed and mortgages problem? The majority of the UK major lenders will refuse to lend against a property if their surveyor identifies Japanese knotweed at a property, especially if it is located within seven metres of habitable space. This is due to the aggressive nature of the plant and the potential damage it can cause to the building, consequently severely affecting the value of the property. Contact us today!
As a minimum, the mortgage lender will request a ‘Japanese Knotweed Management Plan’. The Japanese Knotweed Management Plan should contain: