Spray foam insulation, while popular for enhancing energy efficiency, can pose significant risks to home values and mortgage eligibility. Major mortgage providers, including Santander and HSBC, have indicated that spray foam presence will lead to case-by-case scrutiny, especially for older properties, due to potential issues like moisture trapping and structural stress. The Royal Institution of Chartered Surveyors warns that improper application can negatively affect property valuations, which can lead to complications in securing home loans and insurance. Homeowners should consult with lenders prior to installation to understand the potential implications.
Spray foam insulation can improve energy efficiency but may reduce property value and raise concerns among mortgage lenders and insurers. A case-by-case assessment is often required.
Homeowners are advised to consult with lenders regarding spray foam insulation since it may affect valuations, insurance policies, and the overall structural integrity of a home.
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