Japanese Knotweed; identifying it by reading the legal pack. скачать в хорошем качестве

Japanese Knotweed; identifying it by reading the legal pack.

Japanese Knotweed; identifying it on a property auction viewing. The fear of Japanese Knotweed in the surveying and property buying world is so high that sections of the legal pack is dedicated to whether or not prospective property purchase has knotweed or not. In this video we show you exactly where to look for the information. A seller could lie on the form, but then you would have a claim against the seller if you found that they knowingly sold the property with knotweed and didn’t declare it. Japanese knotweed is generally regarded as a super fast growing, aggressively invasive and destructive triffid. To be fair that isn’t a totally unfair assessment as it grows at a the terrific rate of up to 20cm per day, or 4 meters over its growing season but the real difficultly with knotweed are the roots can grow upto 3 meters deep and 7 meters horizontally. So is it as bad as people fear, well RICS estimates a ‘bad case’ will cost £20-30k to eradicate the Japanese Knotweed and put things right. It doesn’t include however, legal claims from neighbours or the massive potential house price drop you’ll see once it is mentioned. Japanese knotweed in spring Should I buy when there is knotweed? So as a developer should I panic or be put off by knotweed. For me no, as a developer I am totally impassionate about any purchase it is a clear calculation of what it will cost to renovate the property and if necessary get rid of knotweed and the price that I can sell it for, and that needs to take account any adverse valuations due to the presence of knotweed. There is no mistaking that Japanese knotweed will increase the renovation costs and reduce the selling price but if purchase cost, renovation cost and profit all sum to less than prospective sale price I will bid, carefully! Well I hope that was useful and see you on the next one. If you like the video please like, comment and subscribe, and for you thumbs downers leave a comment too about what you don’t like about the video so I can try and make them better in future. Find Out More and Say Hello; http://mpcpropertydevelopments.co.uk/   / mpcpropertyuk     / mpcpropertydevelopments      / mpcpropertydevelopments     / mpcpropertyuk