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do i have to mention flood when selling
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Yes the question will be asked of you. It came back on the information from the seller on our recent house purchase, he had to answer whether there had been any issues of flooding at the property.0
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Even if it isn't asked at sale - do you really want to spend the next 2, 5, 10 years worrying that the buyers are going to have the same problem and sue you? That could hang over you forever, I wouldn't want that.0
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The good thing is that with all the flooding going on in Wales at the moment, this question will be at the top of buyers' agenda.
This means that vendors have little chance of this issue being conveniently skirted over.
My advice to buyers would be to go one step further and drop a letter to each neighbour with a return SAE asking if there have been a flood or any physical damage/compromise to their block of housing though there's no obligation for them to reply.0 -
It probably is immoral if not illegal i know and depending what i thought of the prospective buyers i may end up telling them.
:eek::eek::eek:
So you'd hide it from them at the start but if you like them you may tell them later on, when they've already spent money on surveys etc? And then what? They'd be pretty sure to pull out at that stage, and they certainly won't thank you for misleading them in the first place!
Either you disclose it from the start and accept that your house has probably lost a lot of value - or, in the unlikely event that the question isn't asked and you feel able to go through with it, you keep schtumm. Like previous posters I'm pretty sure that the question will be asked so you probably won't have a choice anyway.0 -
Thanks. It's been a while since I bought or sold so am perhaps out of date.
The "Enquiries before contract' that I linked to certainly didn't ask about flooding.
The PIQ you linked to I thought was used only in HIPs (no longer required) but maybe the PIQ is still used on a non-HIP basis.
I must admit I'd be surprised if the question was not asked these days...!
I think you're right about the PIQ being taken from the HIPs but I'm no expert, I'm just going on the documentation I've seen. But as far the OP goes I wouldn't worry about what might and might not be explicitly asked because if they don't declare it, one way or another they're taking a big risk.0 -
From the buyers point of view I would ask, there are a few questions we ask and would want it in writing such as flooding, trouble with noise or neighbours etc....and yes I would sue should you have lied and sold me a house that had that problem like flooding and it wasn't disclosed.0
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It will be on the list of questions you get, and most buyers in flood prone areas will do some digging themselves.
Think you will have to accept declaring it and the loss of value.Save £200 a month : [STRIKE]Oct[/STRIKE] Nov Dec Jan Feb Mar Apr0 -
I filled in my sellers information pack yesterday for the sale of my house and it was a question on my questionaire.
It was also a question included for my next purchase.
What if the next purchasers get flooded? You'd feel bad not telling them. Maybe they will have a survey done which may pick it up anyway?0 -
seashore22 wrote: »We are in the process of selling a 1st floor flat in a city centre. The buyers solicitor did ask if it had ever flooded. I would expect this to be a standard question, especiallly with the stories in the news at the moment.
even if the property is on the 110th floor, if the base of the building was affected by floods you have to let them know. floodin in the base will obviously affect access in and out of the property which is liable to a claim for inconvenience and loss of earnings due to inability to access.
Plus communical facilities like reception, utilities and other stuff can be affected which will lead to you claiming.0
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