Selling a house with Japanese knotweed

charlotteo1988

We put a offer on a house and was 6m away from the property we actually pulled out but not for the Japanese knotweed. 

Our mortgage company did however did give us a mortgage offer once the person living there got a report regarding it and 5 year treatment plan with insurance and lifetime guarantee thing. 

Hope this helps. But I would declare it on the ad to save anyone who is put off by it. It will be easier on new year when RICS reveal their new guidance stating mortgage companies do not need to be told unless less than 3m away.

Reginald74

csgohan4 said:

Reginald74 said:

csgohan4 said:

Marvel1 said:

I had it, used this, following 2 years nothing.

https://www.amazon.co.uk/Roundup-117900-Tough-Weedkiller-1L/dp/B01BWVLHPM/ref=sr_1_1_sspa?crid=12V6PHWH3RIV9&keywords=roundup+tree+stump+and+root+killer&qid=1639778487&sprefix=roundup,aps,84&sr=8-1-spons&psc=1&spLa=ZW5jcnlwdGVkUXVhbGlmaWVyPUExQUdTM01CRTc0TFJRJmVuY3J5cHRlZElkPUEwODM3MDc2M0wzNzdBQVRLQU9VSiZlbmNyeXB0ZWRBZElkPUEwNjQ3MzMzMU1VRUxDVVlRTEtGQiZ3aWRnZXROYW1lPXNwX2F0ZiZhY3Rpb249Y2xpY2tSZWRpcmVjdCZkb05vdExvZ0NsaWNrPXRydWU=

but you didn't need to sell at the time. If a surveyor notices it the lender will ask for the proof of professional eradication and insurance as well which you dont have

There are some things to DIY and save money on, JK is not something I would DIY

Except I doubt there is anything for the surveyor to notice. The problem comes when selling. If the vendor makes a false declaration about JKW on the TA6 form and the new householders find JKW springing up AND can prove the vendor knew, then there's a massive issue.

pragmatically how can you prove the vendor knew ? neighbors are none the wiser

Not sure. Depends on circumstances. Soil analysis? It would make me nervous covering this up.

Choppit69

Choppit69 said:

Snookie12cat said:

Most people won't touch knotweed as it's not mortgageable unless it's being treated by the correct insurance backed scheme. 

I can't blame them pulling out. Maybe they can find a cash buyer and potentially offer a large discount...

This was the best/least worst way forward I could think of. Unfortunately, the loss of significant equity (real or not) severely limits the family's options to move on from their personal situation, which is why the house is being sold in the first place.

It turns out that the large discount needed, is 25% (£90K in this case)..