UK Homeowners Struggle as Lenders Reject Properties with Spray Foam Insulation
Homeowners in the UK are facing challenges in selling or remortgaging properties with spray foam insulation, as major mortgage lenders are increasingly reluctant to finance such homes. Approximately 250,000 homes in the UK feature this insulation, which was popularized through a government scheme. Concerns about improper installation leading to moisture retention and decay have prompted some lenders to refuse loans outright, leaving many homeowners financially strained and uncertain about the future.