Are You a Homeowner or Potential Buyer / Seller with a Mortgage on Hold Due to Japanese Knotweed?
Most banks and lenders will refuse to provide a mortgage on a property if a surveyor identifies Japanese Knotweed within 7 metres of the habitable space, that means the edge of your property. This could mean that even if Japanese Knotweed is discovered on your neighbours land/garden that a lender or bank will not provide a mortgage on your property!
You may have seen many of the scare stories in the press or on the web which can unnecessarily worry potential buyers, and sellers. However a lot of what you have heard is untrue and elaborated upon.
Japanese Knotweed is just a plant. However, it is a very aggressive plant that can spread easily and quickly, and it has a strong network of roots (rhizome system). But don't panic, it can be treated and killed effectively and without the need to dig up your garden, in most cases.
The most important element of any Japanese Knotweed treatment programme, is that all the affected properties are treated at the same time, to ensure the problem is eradicated and dealt with it. It is very important that neighbours co-operate in this programme.
Most banks will assess Japanese Knotweed infestation on a case-by-case basis, and usually they just need to see that you have taken steps to eradicate the problem by having the following in place:
When you contact Elcot Environmental to deal with your Japanese Knotweed problem, all of the above is included in our one-off fixed price, along with our 37 years experience with dealing with knotweed and lenders.
We have a tried an trusted process to eradicate your knotweed problem, built with over 3 decades of experience. We have been removing Japanese Knotweed since 1982!
If, after we have talked, we need to do a site visit then we will arrange it. A site visit can be arranged with 48 hours.
If you have knotweed then we will start the eradication programme to remove it.
Your knotweed problem is now being taken care of. If you are in the process of selling your house then we will provide you with the information necessary for your lender to get your sale back on track. No more need to worry.