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multiple sinkholes in buying area!
beanlands
Posts: 4 Newbie
We recently just had an offer accepted on a property and have since found out there is a sinkhole on the street which has been left unfixed for 18 months. The sinkhole is apparently due to a blocked culvert and a new sinkhole has just appeared in an adjoining street (presuming the same reason). We're first time buyers and have no idea how to approach this. We don't know whether to continue with the sale or withdraw or whether there are further checks we can do. Does anyone have any experience of buying/owning a property near a sinkhole?
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Comments
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I wouldnt live there if they paid me ..2
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Agree - cut any and all losses immediately -- it will end up costing you way more if you continue2
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Walk away!2
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It depends where you are buying. The Ripon area for example is a known "sinkhole" hot spot due to the presence of Gypsum in the underlying strata which dissolves with the ground water flows. It is a known occurrence so lenders and insurers are aware of it.
If you are not in an area known for "sinkhole" activity then to have two so close together would be unusual.0 -
Hi - hit the team up at Terrafirma (www.terrafirmaidc.co.uk) and they will give you some more information on the risk from the existing sinkholes and if there is any future risk of ground movement. The risk from sinkholes is very localised so hopefully we can put your mind at rest so you can go on to buy your new home! Tom-4
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Depends on the size of sinkholes and whether a snack bar will fill it....
Any language construct that forces such insanity in this case should be abandoned without regrets. –
Erik Aronesty, 2014
Treasure the moments that you have. Savour them for as long as you can for they will never come back again.0 -
Withdraw your offer immediately. The reason will be obvious but if it's not you can always tell them. You can't possibly be expected to buy such a property. You could end up dead!
Aren't sellers supposed to disclose this kind of thing?!Please note - taken from the Forum Rules and amended for my own personal use (with thanks) : It is up to you to investigate, check, double-check and check yet again before you make any decisions or take any action based on any information you glean from any of my posts. Although I do carry out careful research before posting and never intend to mislead or supply out-of-date or incorrect information, please do not rely 100% on what you are reading. Verify everything in order to protect yourself as you are responsible for any action you consequently take.0 -
Would be uninsurable potentially, at the least very high premiums"It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"
G_M/ Bowlhead99 RIP0 -
it would come up in searches and survey I suspect but that is after spending money. the risk is just too big to buy a house in an area like that. Imagine it being completely destroyed.MalMonroe said:Withdraw your offer immediately. The reason will be obvious but if it's not you can always tell them. You can't possibly be expected to buy such a property. You could end up dead!
Aren't sellers supposed to disclose this kind of thing?!
Insurance wise the OP can always check that now and see how much it would cost. Even so .... run and don't look back, the risk is way too high.0
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