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Subsidence - Tell me About it

cheap_charlie
Posts: 767 Forumite

Some homes in the same part of town have come on the market...they are going to auction with very low guide prices.
When I called to arrange a viewing I was told they had "structural damage" and when I pressed the agent on this I was told it was linked to subsidence.
The estate these homes are situated on are only about 11 years old so these homes are not particularly old.
I am going to view anyway as I am a cash buyer but would be interested to know what sort of expenditure will be required to underpin and fix this issue - never mind what sort of insurance problems there might be?
I know I should run a mile but am curious to see if buying one of these homes is viable or not.
When I called to arrange a viewing I was told they had "structural damage" and when I pressed the agent on this I was told it was linked to subsidence.
The estate these homes are situated on are only about 11 years old so these homes are not particularly old.
I am going to view anyway as I am a cash buyer but would be interested to know what sort of expenditure will be required to underpin and fix this issue - never mind what sort of insurance problems there might be?
I know I should run a mile but am curious to see if buying one of these homes is viable or not.
0
Comments
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What's causing it?
Coal mines are a bigger worry than tree roots from what I've seen on SB's "Help my house is falling down because I've ignored the survey and done no maintenance for 10 years"0 -
poppysarah wrote: »What's causing it?
Coal mines are a bigger worry than tree roots from what I've seen on SB's "Help my house is falling down because I've ignored the survey and done no maintenance for 10 years"
lolololololol0 -
I am not sure what the cause is but the estate is built close to a wooded area with lots of trees. To the best of my knowledge there hasn't been any mining done there but I am not 100% sure.
I am going to take a drive around there tomorrow to get an idea of what might be the cause but once I have viewed and if I am interested I will have to call some local solicitors and surveyors to find out more - sadly Google is yielding nothing.0 -
Enter the address here:
https://www.groundstability.com/(S(eyqzyx45iwdtjg55xb2moxrm))/PremiseType.aspx
(that's the order a report page from the coal authority if the link doesn't work)
Under "Select Report" in fairly small letters, if it says "From the information currently available to the Coal Authority, a mining report is not required for this property." then the subsidance isn't coal or brine (depending on the area, it could be some other type of mining, of course!)0 -
down the road from us in the main part of the village there are some lovely roads, which were well out of our price range when we were looking
in the last couple of years (and i understand previous to that) roads have fallen in due to chalk mining, some of th roads were closed off at the time it was that dangerous and people were evacuated.
but the properties round there are still up for sale now and then and theres never any mention of the problems and the prices are still high. i'd love to know how this is0 -
Enter the address here:
https://www.groundstability.com/(S(eyqzyx45iwdtjg55xb2moxrm))/PremiseType.aspx
(that's the order a report page from the coal authority if the link doesn't work)
Under "Select Report" in fairly small letters, if it says "From the information currently available to the Coal Authority, a mining report is not required for this property." then the subsidance isn't coal or brine (depending on the area, it could be some other type of mining, of course!)
Thanks for this. None of the properties appear to need a mining report so it's not coal mining.0
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