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Buying a flat with Japanese Knotweed

Hi

The estate agent has adviced that the garden has Japanese Knotweed. Is this easy to treat and will it affect the re-sale vaule if left untreated.

The estate agent says it's dormant and no treatment is needed, is this possible? what checks can I make to ensure there will be no ongoing problems before purchase, will this be covered by the house buyers survey?

Any advice greatful!

Kind Regards,
«13

Comments

  • da_rule
    da_rule Posts: 3,618 Forumite
    Sixth Anniversary 1,000 Posts
    This is what the Environment Agency says about controlling Knotweed: http://www.environment-agency.gov.uk/homeandleisure/wildlife/130079.aspx

    There have been stories of lenders withdrawing mortgage offers based on the presence of Knotweed. Are you buying the flat leasehold? What ownership do you have over the garden?
  • Jenniefour
    Jenniefour Posts: 1,396 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Mortgage-free Glee!
    Japanese knotweed is serious stuff. As useful link provided above demonstrates. Takes years to get rid of. Would it make a difference if you knew - and had firm evidence - that the freeholders are effectively dealing with it? And neighbours, if it's encroaching boundaries.

    Worth thinking hard about this possible purchase unless there is a serious, consistent plan to get rid of it.
  • Mojisola
    Mojisola Posts: 35,571 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    star88 wrote: »
    The estate agent says it's dormant and no treatment is needed

    It's dormant because it's the end of winter! Your EA either knows nothing about JKW or is lying to get the sale, hoping it will go through before you realise what you're taking on.
  • topdaddy_2
    topdaddy_2 Posts: 1,408 Forumite
    Ignore the EA
  • Jenniefour
    Jenniefour Posts: 1,396 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Mortgage-free Glee!
    Mojisola wrote: »
    It's dormant because it's the end of winter! Your EA either knows nothing about JKW or is lying to get the sale, hoping it will go through before you realise what you're taking on.

    Spot on. EA is trying to play down the problem.
  • bluebeary
    bluebeary Posts: 7,904 Forumite
    if you read up online about japanese knotweed that will help you make the right decision ;)
  • CH27
    CH27 Posts: 5,531 Forumite
    I would run a mile.
    Try to be a rainbow in someone's cloud.
  • bigadaj
    bigadaj Posts: 11,531 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper
    Any property can be a good deal, it depends what you pay.

    This is quiet a serious issue and will be costly and time consuming to treat, though there have been big leaps in treatment over the last few years, so I'd walk away unless it's on at a very attractive price.
  • star88
    star88 Posts: 15 Forumite
    da_rule wrote: »
    This is what the Environment Agency says about controlling Knotweed:

    There have been stories of lenders withdrawing mortgage offers based on the presence of Knotweed. Are you buying the flat leasehold? What ownership do you have over the garden?

    Yes, leasehold and ownership of the garden. I would also be interested on your throughs if the garden was not part of the purchase, I understand the weed can damage the building works. So I guess if owned or not it will still be a problem, right?
  • Kayalana99
    Kayalana99 Posts: 3,626 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker I've been Money Tipped!
    star88 wrote: »
    da_rule wrote: »
    This is what the Environment Agency says about controlling Knotweed:

    There have been stories of lenders withdrawing mortgage offers based on the presence of Knotweed. Are you buying the flat leasehold? What ownership do you have over the garden?

    Yes, leasehold and ownership of the garden. I would also be interested on your throughs if the garden was not part of the purchase, I understand the weed can damage the building works. So I guess if owned or not it will still be a problem, right?

    It would still be a problem, it can cause damage to buildings and is in the £5000-£10000 margin to get rid of it - in fact it could make it more of a problem as you haven't got the authority to get rid of it even if you had the money as it wouldn't be your garden!!
    People don't know what they want until you show them.
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