Structural party wall is in 'process of collapsing'

vertex

Thanks for your comments.

The auction is on thursday, so Ill be going along and see if I can have a discreet word in the ear of the buyer to see if they are aware of the party wall issue, and if so, did they have a plan about how to tackle it. Its a long shot, but worth a try.

Ill keep you updated should you be interested of the outcome.
Thanks.

lindos90

Thursdays not too long to delay things really. I hope you find the information you need, yes keep us posted, im sure after thursday you will have more questions!;)

Bermuda_John

buy the house next door as well

vertex

Hi,
Ive since spoken to the next door neighbours surveyor (who said the wall was 'in the process of collapsing'). It turns out they didnt get as far as writing up a report. By then the neighbour got fed up and put the property on auction. The surveyor said that it could be years before the wall starts to fully collapse and said that there was a couple of options:
a) Do nothing. (!)
b) Replace the footings and put down some damp proof coursing (which is what my builder said)
c) build a wall alongside the existing wall.

This has allayed my fears somewhat.... however...
Now my attention is on the building insurance company! Am I legally obligated to tell them? Will they insist on a survey being done? Like I say - no surveyors report was actually done next door (I was under the impression it was!!!). Would I be able to not say anything to the insurance company, buy the place and then get this party wall issue rectified asap?
thanks

ps
I only had a Home Buyers Report done, which was more detailed than I was expecting, but didnt mention the party wall.

pps
Bermuda John: If only I had the money! ;-p