Mortgage Lenders Approach Overly Cautious to Knotweed
Updated: May 19, 2019
A report from Parliament shows that mortgage lenders may be taking an overly cautious approach in relation to Japanese Knotweed when relying on the "RICS 7-metre rule".
The report looked at scientific evidence that showed that the effects on the structure of buildings may be exaggerated but can certainly exacerbate existing structural issues.
Regardless, there is no indication of a change in stance by lenders or a change to information that must be provided when selling your home. Further, Japanese Knotweed remains controlled under statute with serious penalties for allowed the plant to spread or dealing with Japanese Knotweed improperly.
Recently we've seen the stark effect that Japanese Knotweed can have on our clients' gardens which are being taken over by the plant. For many Brits instead of enjoying their garden this summer they'll be having to look at a towering menace. We don't think this is right and we are committed to helping anyone concerned about Japanese Knotweed get the advice and support that they need. We offer a free consultation service and work with expert Solicitors who can defend your home.
If you are suffering with Japanese Knotweed from neighbouring land or were not advised as to the presence of Japanese knotweed when you recently purchased the property then you may be able to claim.
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