Renewal 4 Residential Landlord with Underpinning

Money_Saving_Matt_K

I bought a property about 18 months ago with the intential of having 3 lodgers sharing the house with me. I found out late on in process of buying the property that it had been underpinned over 20 years ago. Did not have structural survey done as my homebuyer surveyor said no sign of recent movement.

Having lodgers and underpinning meant I could only find 1 or 2 insurers who would cover me - without having a structural survey done. I got cover with Halifax but it is quite expensive at £55 per month.

Can anyone recommend how I could get a better deal? Most insurers won't touch me with the underpinning.

Thanks!

dacouch

If Halifax are aware of the previous underpinning and are offering full subsidence cover then that looks to be quote a good deal. Are Halifax aware of the underpinning?