Japanese Knotweed Mortgages
Our panel of carefully selected Specialist Mortgage Brokers are always here to support and assist you, offering a whole of market service. Who at times have exclusive offers for our clients.
What is a Japanese Knotweed Mortgage?
Japanese Knotweed is a plant that can cause havoc when buying and selling property.
With Japanese Knotweed (Fallopia Japonica) it is an invasive, non-native species of plant. Which is a very aggressive weed with bamboo-like stems and white flowers. It lies dormant through the winter months and then grows rapidly in spring, being when you will notice it more.
So, will any lenders lend if Japanese knotweed is discovered at the property you're hoping to buy? The answer is some lenders are much more flexible than others. However, every lender will require a mortgage survey to assess both the property and the knotweed. The surveyor will be looking to determine the full extent to which the knotweed could cause a risk, or a potential risk, to the property. Once the report has been received from the surveyor the lender will then determine the property’s suitability based on their specific criteria for Japanese knotweed mortgages.
Find out how our panel of specialist mortgage brokers can assist to find the right deal for you.