Spray Foam Insulation the Downsides

Spray foam insulation is widely used throughout the UK. But is it the best choice for home

insulation? Not if you are looking to get a mortgage, sell, or refinance a property.

Spray foam insulation is a popular choice in the UK. However, you should consider the

downsides. Spray foam insulation removal may be necessary should you want to buy, sell,

or re-mortgage a property with this type of insulation. The work must be done by a reputable

company too.

Firstly, what is spray foam insulation?

Spray foam insulation is used on the underside of breathable and non-breathable roof

membranes and felts. Although the insulation has been used for several decades, your

property’s value may be negatively impacted today. Many mortgage companies as well as

other lenders will not consider applications for properties with spray foam insulation.

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The Many Downsides to Using Spray Foam Insulation?

As previously mentioned, UK mortgage lenders as well as equity release companies will not

consider applications on properties where spray foam insulation is used. Moreover, there are

reports where properties had their roofs replaced to meet a lender’s requirements. In short,

spray foam insulation removal must be carried out by professionals namely a respected

company like Spray Foam Removal Ltd.

Spray Foam Insulation Can Devalue Your Property

While some lenders may still consider the use of spray foam insulation as an acceptable improvement to properties, too many other mortgage lenders do not. The fact that spray foam has been used on homes and other UK properties for over 30 years, does not mean it is or has been the best choice.

Should more lenders refuse to consider properties with spray foam for insulation, it may

result in the following:

• Your property is harder to sell or re-mortgage
• The value of your property may be negatively impacted
• A roof replacement may be required to secure a mortgage or financing

In a nutshell, you could end up having to cope with spray foam insulation mortgage problems should you want to sell or re-mortgage a property. There are many reasons for this including the fact the foam can be a fire hazard. The insulation can be the death of your roof. As such, you may need to consider contacting a spray foam insulation removal company before applying for any sort of finance.

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Spray Foam Insulation Can Make a Property Harder to Sell

When it comes to selling your property, spray foam insulation may see a buyer pulling out. Buyers may pull out because the mortgage lender insists the property undergoes a total roof replacement. This costly expense would be down to you to finance whether directly or by agreeing to a price reduction on the property. Either way, the type of insulation could lose you the sale.

Having spray foam insulation removed may be necessary but well worth the effort and cost. It takes away any headaches you may have regarding the value of your property. In short, when you want to sell or re-mortgage, you can do so without worrying a lender may turn you down because your property has spray foam for insulation. Lastly, spray foam insulation removal will help ensure the value of your property does not go down.