structural movement non progressive - Please help

welcome2015

_gav_
Thanks, I will try to talk to some Insurance broker. By the way , what problems do you feel when selling such property ?
kingstreet
Thanks, Right approach u mean getting a insurance broker involved ?

kingstreet

I actually meant the right approach by the professional you appoint, but yes, the first step has to be selecting a professional, from your point of view...

_gav_

There shouldn't be a problem selling, buyers just need to take a pragmatic approach! In our case the house has been built for 90 years, of course there will be signs of historic movement. We just had to convince the insurance companies of that, hence the need to involve an insurance broker.

kingstreet

FWIW in all the cases I submitted a mortgage report & valuation to the insurers stating "long-standing non-progressive movement" the decision was ordinary rates. Not one asked for anything else.

They took on board the surveyor's view; knowing full well, if the surveyor had any doubts HE would have recommended a structural engineer's report.

welcome2015

kingstreet
That is very reassuring thank you. So I can submit by mentioning this and can still get standard quote, in that way I am feeling good in all ways.
_gav_
You are right .thank you

Will try to get hold of someone and do that way.

kingstreet

IIRC a surveyor once told me the kind of thing which gets tagged as "long-standing non-progressive movement" happens within about fifteen years of the property being built.

If the property is already a hundred plus years old, it's a bit of a giveaway that it isn't recent.

Insurers are trying to catch subsidence non-disclosure which is a completely different issue so you may get additional questions about underpinning etc on the online sites and that gives rise to confusion over what should/shouldn't I answer...

Again, FWIW L&G even accepts (at ordinary rates) properties with a history of subsidence as long as it's more than fifteen years ago...

welcome2015

kingstreet
Could you please let me know which Insurance companies did you apply which accepts application with "long standing non progressive" ?
And to ascertain anything on time it happend , certainly we need Strcutural engineer :-(

kingstreet

I use the broker insurers we have agreements with.

You'll need a broker to access them. It's not as easy as a broker telling you who they are and you toddling off to them direct, hoping for a better deal because you've cut out the middle-man.

welcome2015

Hi kingstreet,Slinky,Dalfman,_gav_
Thanks for all the advices , I managed to talk to insurer directly giving my situation ,and got the insurance. Broker came back with an expensive quote,so did it all my self.
regards

kingstreet

You've ensured it meets your mortgage lender's requirements under CML 6.14.2 and the insurer is noting the lender's interest in the policy?