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Is Previous Movement the same as subsidence?

scoops82

scoops82 Posts: 247 Forumite

Ninth Anniversary

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Combo Breaker

24 March 2016 at 12:35PM in Mortgages & endowments

The questions in the title

I'm looking at insurance quotes and i`m not 100% sure on what I need to answer in the subsidence box.

Thanks

Scoops

0

Comments

kingstreet Posts: 39,029 Forumite

24 March 2016 at 12:47PM

No. It isn't.

Subsidence, heave and landslip is totally different.

Thread on HBR&S yesterday.

I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.
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amnblog Posts: 12,608 Forumite

24 March 2016 at 1:10PM

Many buildings move as they settle into the ground - then they stop - that's previous movement.

Subsidence is the ground moving.

I am a Mortgage Broker

You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
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