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'Historic movement'

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  • kingstreet
    kingstreet Posts: 39,258 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Under the principle of utmost good faith, you mention it. The question may not be specifically asked, but if there's a catch-all to disclose any and all relevant information in the policy wording, you don't want to invalidate your cover in the event of a claim.
    I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.
  • MoneyMax
    MoneyMax Posts: 129 Forumite
    Tenth Anniversary 100 Posts Combo Breaker
    kingstreet wrote: »
    When I get a case with "historic", "long-standing" or "non-progressive" movement reported on the valuation or survey, I routinely run it past the insurers to ensure there won't be any problems.

    These are the likes of Paymentshield, Select & Protect and Towergate and normally they offer cover at normal rates.

    Might be worth talking to a broker or two if you are only trying comparison sites and the likes of Direct Line.

    My property was built in 1898 along with the whole area of terraced homes. The whole area has shifted which did come up on the survey, they said it had to be put on there because they have to report everything. My insurance company didnt even mention it and they have a copy of the survey.

    I would go for it.

    Good luck
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