Why is it important for landlords to be aware?
As a landlord, it is essential to understand the risks associated with Japanese Knotweed, not only for maintaining your property’s value but also for adhering to legal responsibilities.
- Legal Responsibilities: Under the Anti-social Behaviour, Crime and Policing Act 2014, failing to control Japanese Knotweed on your property can lead to legal action.
- Impact on Property Value: Properties affected by Japanese Knotweed can see a significant reduction in value, as mortgage lenders may be reluctant to provide loans.
- Damage to Property: The plant’s roots can infiltrate cracks in foundations, walls, and drains, leading to costly repairs.
- Tenant Issues: If left untreated, tenants may raise complaints or terminate leases due to safety concerns.