Tom D
Elite Member
- Joined
- May 22, 2015
- Professional Status
- Certified Residential Appraiser
- State
- Pennsylvania
Homeowners are struggling to sell or remortgage as some major lenders are rejecting properties with spray foam insulation, the BBC has found.
A quarter of the UK's biggest mortgage providers will not lend against homes with spray foam in the roof, our research suggests.
It is estimated as many as 250,000 homes in the UK have this type of insulation, with much of it fitted under the previous government's Green Homes Grant scheme.
Some mortgage firms are reluctant to deal with homes with spray foam insulation due to concerns over poor fitting leaving moisture trapped and roof timbers at risk of decay.
Spray foam insulation has been used to stop heat escaping from roofs, lofts and attics for decades and comes in two forms.
But if it has been used inappropriately or installed poorly, it might put stress on timbers, restrict air circulation and put them at risk of decaying.
A quarter of the UK's biggest mortgage providers will not lend against homes with spray foam in the roof, our research suggests.
It is estimated as many as 250,000 homes in the UK have this type of insulation, with much of it fitted under the previous government's Green Homes Grant scheme.
Some mortgage firms are reluctant to deal with homes with spray foam insulation due to concerns over poor fitting leaving moisture trapped and roof timbers at risk of decay.
Spray foam insulation has been used to stop heat escaping from roofs, lofts and attics for decades and comes in two forms.
But if it has been used inappropriately or installed poorly, it might put stress on timbers, restrict air circulation and put them at risk of decaying.