What is Japanese Knotweed?
Japanese knotweed (Fallopia japonica) is a weed that spreads rapidly. In winter the plant dies back to ground level but by early summer the bamboo-like stems emerge from rhizomes deep underground to shoot to over 7ft, suppressing all other plant growth.
Why having Japanese Knotweed at a property is a no go…
It’s pretty self explanatory, but from a Mortgage perspective, most surveyors will note Japanese Knotweed as a negative find at a property and will deem a property unsuitable for Mortgage purposes due to the aggressiveness of it. However other surveyors will note Japanese Knotweed as a problem and insist that it is seen to and removed by a specialist before giving the property a value.
Not all home owners know that their property has Japanese Knotweed, which means potential buyers won’t know either and if not noticed when a survey is done on the property, good news, you’ve got away with it. However when you decide to move on and the weed has grown out of control and is noticeable, you may find it very costly and difficult to get the property off of your hands.
It’s not a good idea to hide the presence of knotweed
Whilst it may make the sale easier, the TA6 form now has a specific question about knotweed. Concealing the presence of knotweed could prove to be an expensive mistake, as the buyer may have a case for misrepresentation and against the seller and report the acting agent to the authorities for breach of CPR regulations.
What can be done…
- The two main knotweed removal methods are herbicide treatment and physical removal.
- Herbicide Treatment is lower in cost but takes at least one growing season, often more. It’s the least disruptive method, but not suitable where there are plans that result in substantial disturbance of the the ground e.g. construction or landscaping works.
- Physical Removal such as Environet’s Resi-dig-out™. This eco-innovative removal method can be completed any time of the year, and takes a matter of days.
2. Don’t buy that property if Japanese Knotweed is present. Do your due diligence.