We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Moved into house to discover subsidence

13

Comments

  • Slarence
    Slarence Posts: 9 Forumite
    Also, I have spoken to the bank who have just referred me to the surveying firm by the way.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Slarence wrote: »
    Also, I have spoken to the bank who have just referred me to the surveying firm by the way.

    That's your starting point. Ring and ask to speak to someone senior.
  • Slarence
    Slarence Posts: 9 Forumite
    Excellent thanks, they are sending someone around again this week to review it so I guess I'll see what they say
  • csgohan4
    csgohan4 Posts: 10,600 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Photogenic
    Slarence wrote: »
    Excellent thanks, they are sending someone around again this week to review it so I guess I'll see what they say



    keep us posted
    "It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"

    G_M/ Bowlhead99 RIP
  • Running_Horse
    Running_Horse Posts: 11,809 Forumite
    Part of the Furniture Combo Breaker
    Slarence wrote: »
    it is clear to see even at a first look.
    Did you not view the house before buying it?
    Been away for a while.
  • robatwork
    robatwork Posts: 7,321 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Slarence wrote: »
    Thanks all for your replies some helpful advice, much appreciated.

    Oddly enough the PIF doesn't mention subsidence and the section on whether the house had been underpinned was left blank? But I don't think it has though.

    This is ringing some alarm bells. It's your conveyancer's job to ensure the form is filled in properly to their (and hence your) satisfaction. You may have an action against them but talk to them first.
  • dgtazzman
    dgtazzman Posts: 1,140 Forumite
    I just filled in a standard law society PIF yesterday for the house I'm selling and can confirm there isn't a section in it about subsidence.

    It does ask about underpinning and if any building work has taken place. I would think those pins and filling in those cracks are building work, and should have been mentioned.

    It also asks if there have been abnormal price rises in insurance premiums and why. The fact that work has been done because of the subsidence, would indicate insurance would probably have been involved. If they found out about subsidence, there would have been an abnormal hike in premiums and it should have been mentioned in that section.

    I think you really need to go and get some legal advice if the surveying company washes their hands with it.
  • Richard_Webster
    Richard_Webster Posts: 7,646 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I'm sad that we have got into this blame culture. OK the sellers may well have known about the issue and hoped nobody asked - but we can't be sure.

    Other than feeling that the sellers may not have acted honourably, the buyers should have noticed some of not all of these faults and made the classic mistake of not having a more detailed survey of their own. Can they not see they made a big mistake and that is the main cause of thembeing in the situation they are now in?
    RICHARD WEBSTER

    As a retired conveyancing solicitor I believe the information given in the post to be useful assuming any properties concerned are in England/Wales but I accept no liability for it.
  • caronoel
    caronoel Posts: 908 Forumite
    I've been Money Tipped!
    Would the remedial works be covered by your buildings insurance?
  • lincroft1710
    lincroft1710 Posts: 19,195 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    caronoel wrote: »
    Would the remedial works be covered by your buildings insurance?

    Possibly, but most insurance policies have a £1K excess on subsidence claims.
    If you are querying your Council Tax band would you please state whether you are in England, Scotland or Wales
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.9K Banking & Borrowing
  • 253.9K Reduce Debt & Boost Income
  • 454.7K Spending & Discounts
  • 246K Work, Benefits & Business
  • 602.1K Mortgages, Homes & Bills
  • 177.8K Life & Family
  • 259.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture