Soldato
Hi
I am purchasing a house, and through the Property Information Form that came through, the seller has ticked Yes to increased home insurance and a claim.
Essentially in 2001 the garage (detached to house) was subsiding due to three trees. From then to 2014 the trees have been removed and they have a certificate of structural adequacy after half the garage was rebuilt and monitoring.
I never knew this prior to offer and survey etc... So if I pulled out I would be roughly £1.5k out of pocket so far.
However it has me concerned that I have done insurance quotes, and they are very high! (Roughly £500 more than I am paying now), and the concern that subsidence does come back.
What are peoples thoughts? The main house isn't affected, but also worry I won't be able to shift the thing down the line!
Cheers
I am purchasing a house, and through the Property Information Form that came through, the seller has ticked Yes to increased home insurance and a claim.
Essentially in 2001 the garage (detached to house) was subsiding due to three trees. From then to 2014 the trees have been removed and they have a certificate of structural adequacy after half the garage was rebuilt and monitoring.
I never knew this prior to offer and survey etc... So if I pulled out I would be roughly £1.5k out of pocket so far.
However it has me concerned that I have done insurance quotes, and they are very high! (Roughly £500 more than I am paying now), and the concern that subsidence does come back.
What are peoples thoughts? The main house isn't affected, but also worry I won't be able to shift the thing down the line!
Cheers
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