Japanese Knotweed can be very invasive and hard to get rid of, which has been known to cause troubles when it comes to getting a mortgage.
According to the Home Owners Alliance, it can (if found on the property) remove up to 15% off of the value of a home. The Royal Institution for Chartered Surveyors has said from March 2022, the 'seven metre rule' will be changed and now it will up to the surveyor to make a decision depending on how they feel the Knotweed will impact the property.
There is still no comment yet on the response from mortgage lenders regarding this change that will come into affect. However if you are looking to move home in Bromley and think you have Japanese Knotweed on your home, call us today on 020 8467 8304 and we can advise you further or put you in touch with someone who can help.
For further information on this, please head over to: https://hoa.org.uk/2022/02/japanese-knotweed/ #propertymarketing #propertyinBromley
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