PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Japanese knotweed - is it as bad of a nightmare as people say it is?

Options
24567

Comments

  • Blank11
    Blank11 Posts: 117 Forumite
    10 Posts First Anniversary Name Dropper
    user1977 said:
    Bear in mind that whatever the cost is of dealing with JK in communal areas, you'd only be paying x% of it (and assuming the development is factored, not even have to think about it) - bit different from having it spread into your own garden and having 100% of the costs (as well as the practicalities of sorting it out).
    Thanks what you are saying definitely feels a lot better as others would chip in. But given factors dealing with it I can imagine cost would be much more expensive! 
  • Blank11
    Blank11 Posts: 117 Forumite
    10 Posts First Anniversary Name Dropper
    Thanks for the replies and I don’t feel Japanese knotweed is as bad as what people make it out to be. I’d like to hope if in the future I decide to sell then it won’t affect house price even after treatment, which I am not sure if that is the case as people might fear it will come back. 
  • tooldle
    tooldle Posts: 1,604 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    There is recent research suggesting control of knotweed rather than elimination, to be effective. Far cheaper and possibly better for the environment long term 
  • SeanG79
    SeanG79 Posts: 977 Forumite
    Part of the Furniture 500 Posts Name Dropper
    Knotweed is not as bad as has largely been reported. We found knotweed in a buy-to-let property we were selling and put it on a treatment plan. In my research, there was much mention of structural damage to property but I never saw a case in the UK where an actively lived in property had the structural damages touted. 

    Also, RICS issued new guidance in 2022 - https://www.rics.org/content/dam/ricsglobal/documents/standards/Japanese knotweed_October 2022.pdf

    I would not be put off purchasing a house/flat with knotweed nearby as it can be managed - I would however reduce my offer to reflect the stigma that is still attached to knotweed. My guess is that we lost circa 10% in sale price because of the knotweed even though it was on an insurance backed treatment plan.
  • Blank11
    Blank11 Posts: 117 Forumite
    10 Posts First Anniversary Name Dropper
    I have viewed the property and the railway line is just after the car park so it is pretty close! 

    That is great to hear it is more manageable than thought to be. I guess now it is a matter of whether I’d be able to negotiate a reduction and if not if I should walk away. 
  • user1977
    user1977 Posts: 17,937 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    edited 23 June 2023 at 9:54AM
    What's "your" flat's share of common costs for the grounds? I wouldn't see it as a walk-away thing at all, even if you have costs it's not going to be thousands per flat or anything daft like that.
  • Blank11
    Blank11 Posts: 117 Forumite
    10 Posts First Anniversary Name Dropper
    For monthly factor fees it is roughly £75 a month 
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.2K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.3K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.