Coal Mining Report - Any Opinions?

davidmcn

Rambosmum wrote: »

You may struggle to get buildings insurance, or pay an awful lot for it as most ask if there has ever been movement/ subsidence with a 50m radius of the property, which there has.

I think you've misread the OP - there hasn't.

Cyberman60 wrote: »

I would avoid personally, as your house will be one of the biggest investments in your life which could become unsaleable in a worst case scenario.

Nothing the OP has said suggests that it's unsellable or even remarkable in any sort of coal mining area. If the report said there's a mineshaft in the back garden, that would be something different.

Also bear in mind that (unlike most other inherent risks) there is a statutory compensation scheme if there ever were damage arising from coal mining.

Cyberman60

davidmcn wrote: »

I think you've misread the OP - there hasn't.



Nothing the OP has said suggests that it's unsellable or even remarkable in any sort of coal mining area. If the report said there's a mineshaft in the back garden, that would be something different.

Also bear in mind that (unlike most other inherent risks) there is a statutory compensation scheme if there ever were damage arising from coal mining.

hance to avoid it.

The fact is that it is a risk and the OP has a chance to avoid that risk.

When I bought my house I moved to a no flood-plain Tory area in order to avoid any risk of flood and high council tax.

I've never been flooded and my council tax is low. If you take risk just be prepared to accept the consequences.

System

If you are that risk averse then there are whole swathes of the UK that would be out of bounds - large chunks of Northumberland and S Wales for example for coal mining: Most of Ashingtom probably sits over a coal mine or very close to their tunnels.