Knotweed Insurance

[Acas]

Hi, I was wondering if anyone has had any experience with Knotweed/insurance? I?m planning on selling my home and I had a small amount of knotweed treated by Southwark Council and it?s been eradicated however I?ve been told I?ll need to get an insurance to be able to sell. Having looked into it and contacted a few companies the insurance seems to be very expensive. Any advice much appreciated.

[mg583]

Knotweed insurance policies are usually quite hard to come by, they are not included in any home insurance policy I've seen before.

Usually for those without insurance the course of action would be to run a knotweed civil claim against the council for the loss in value of the land - as insurance, as you say, can be very expensive.

[keano77]

The posts above don?t make sense to me. How would either course of action benefit a purchaser?

[seenbeen]

The company in this link- Countrywide provide indemnity policies against regrowth as well

https://www.whatmortgage.co.uk/news/insurance/homeowners-can-now-get-insurance-japanese-knotweed/#:~:text=Countrywide%20Legal%20Indemnities'%20new%20policy,from%20a%20knotweed%20treatment%20specialist&text=repair%20and%20restoration%20costs%20for,by%20the%20spread%20of%20knotweed.

I looked them up because out vendors took out policies with them for other weird things

[nxjen]

Why would the council be liable for loss In value of the land?