Un­tan­gling the knotweed prob­lem

Yorkshire Post - Property - - FRONT PAGE -

THE Royal In­si­tu­tion of Char­tered Sur­vey­ors has launched ap­proved ad­vice to en­cour­age banks to lend on homes af­fected by Ja­panese Knotweed.

The plant can leave ven­dors un­able to sell as lenders are reluc­tant to pro­vide loans on prop­er­ties plagued by the plant. Knotweed can grow up to three me­ters in height in just ten weeks and can cause dam­age to build­ings.

RICS re­gional spokesper­son, Jon Char­ters-reid of Char­ters-reid & As­so­ciates, says: “This RICS guid­ance will pro­vide the ex­perts with the tools they need to make clear and ac­cu­rate de­ci­sions on the real im­pact of Ja­panese Knotweed and who and how much to lend.”

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