'Spray foam insulation ruined our house sale'

Published On Dec 4, 2024, 7:36 PM

Homeowners in the UK are feeling betrayed after struggles to sell their homes due to issues with spray foam insulation installed under the Green Homes Grant scheme. Some mortgage lenders have stopped accepting properties with this insulation for fears of it causing structural issues. This could affect around 250,000 homes and raises concerns about insulation quality and homeowner accountability. Calls for government action are growing as affected homeowners, facing potential costs to remove the insulation, feel misled.

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Stock Forecasts

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The increasing concerns regarding spray foam insulation and mortgage acceptance could dampen sentiment in the UK housing market, particularly for affected homes. Companies involved in insulation, housing construction, or real estate could face negative sentiment as potential buyers may be wary of homes with such features. Additionally, if the government steps in to rectify the situation, it may lead to increased regulation in the construction space, impacting associated companies' profitability.

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