 |
answer text |
<p>As it is not for the Government to intervene in the lending decisions of mortgage
lenders or the type or degree of risks they are prepared to take, there have been
no recent discussions between the Department and the property and mortgage industries.</p><br
/><p>There have been no discussions with local authorities on the effect of Japanese
knotweed on property values. However, Cornwall Council has produced information on
Japanese knotweed to help mortgage lenders make loan decisions when a property may
have a Japanese knotweed problem.</p><br /><p>Nevertheless, the Department takes the
problems caused by Japanese Knotweed seriously and for a number of years has provided
funding for local action groups to reduce or eradicate Japanese knotweed, and for
research into a suitable biocontrol agent.</p>
|
 |
