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Moved into house to discover subsidence
Comments
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lincroft1710 wrote: »Possibly, but most insurance policies have a £1K excess on subsidence claims.
Which would be an extremely cheap fix for this mistake...0 -
If there have been previous claims or investigations by insurers how would that impact cover?0
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If the subsidence had occurred, or partly occurred, prior to moving in, it will almost certainly NOT be covered by the OP's policy. Equally, unless the OP takes steps to remedy the current problem, any ongoing further subsidence would, like as not, not be covered.0
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Thanks for all the replies,
YES, we made a mistake with not having a bigger survey done, which I have said a couple of times that we regret, our thought process was that any massive problems would be itenditfied and the rest would be cosmetic.
The surveyor came round on Thursday and I got the feeling he knew there is a problem here and legally couldn't say anything to me, he will put his report in and they will be in touch, fingers crossed!0 -
Without wishing to make an example out of your case, and Slarence this isn't aimed at you as you've already admitted that hindsight is a wonderful thing, but as a query which comes up every now and then perhaps this is a good lesson for any future readers of this forum with regards to spending more money on a homebuyers or structural survey when money is often tight. Even if they don't bring anything up, it's money well spent. It's never a waste of money to know that what you are ploughing hundreds of thousands of pounds into is structurally sound.0
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