The UK's independent property information site

Go Back   Home Move: property forum > Property Forums > Mortgages


Mortgages Discussions on choosing a mortgages and mortgage options available.

Reply
 
LinkBack Thread Tools
  #1 (permalink)  
Old 14-07-2016, 03:01 PM
Junior Member
 
Join Date: Jul 2016
Posts: 1
Exclamation Dual Redidential/Holiday let, Knotweed

Hi
I require a dual purpose mortgage, we have a joint personal salary income of 270K, full time employment and only wish to borrow 550K. House is a substantial residential property that has a holiday let in its grounds.....The bad news is that it has some Japanese Knotweed in the grounds...any idea as to where and who I can approach please.....
Reply With Quote
  #2 (permalink)  
Old 17-07-2016, 09:20 AM
Junior Member
 
Join Date: Oct 2014
Posts: 9
Default Re: Dual Redidential/Holiday let, Knotweed

Hello, If I understand correctly you seem to think you won't get a mortgage on a property with Knotweed? If so I am suprised because it is not a problem with the building itself and I know that Knotweed can be eliminated although having said that I suppose it becomes questionable as to where the knotweed is coming/growing from. If it's in neighboring property then the issue would be ongoing in which case I would steer clear, or go and see the neighbors. In short
because it is a plant it can be 'dug up' and removed. It would obviously be up to yourselves to ensure you get it all by digging deeper than usual.
Reply With Quote
  #3 (permalink)  
Old 22-09-2016, 05:01 AM
Senior Member
 
Join Date: Nov 2013
Location: Hong Kong
Posts: 154
Default Re: Dual Redidential/Holiday let, Knotweed

Hi Ripper,

From my experience it will be pretty impossible to secure financing with knotweed on any part of the property as in the property industry that is really feared because of the destruction it leaves if there is a building still standing

Ged
Reply With Quote
Reply

Tags
knotweed, mortgage, semi commercial

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


 

» Property Boards
Buying Property Selling Property Estate Agents Solicitors & Legal Builders & Developments
Property Development Home Improvements Buying Property Abroad


All times are GMT +1. The time now is 10:41 PM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2017, vBulletin Solutions, Inc.
Content Relevant URLs by vBSEO 3.6.0 PL2 ©2011, Crawlability, Inc.

Important Notice: HomeMove.co.uk does not provide professional advice on any aspect of buying, selling, developing or investing property. All posts are provided as lay opinions and not personal professional guidance. You should always seek a qualified professional for professional advice in relation to your personal circumstances. The HomeMove.co.uk forums are not monitored, and the site administrators cannot be held liable for the content of the forum. If you have any objection to any post on the forums, please either use the Report Post feature, or else Contact Us to ensure such content is properly dealt with. We are not responsible for third party links on the site.