Speeches

Alex Cunningham – 2015 Parliamentary Question to the Department for Environment, Food and Rural Affairs

The below Parliamentary question was asked by Alex Cunningham on 2015-11-10.

To ask the Secretary of State for Environment, Food and Rural Affairs, what recent discussions she has had with (a) the property and mortgage industries and (b) local authorities on the effect of Japanese knotweed on property values.

Rory Stewart

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.

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.

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.