Underpinned house

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The house we have had an offer accepted on has been underpinned.

We have had the offer accepted and are having the buyers survey tomorrow and it's too late to cancel without being charged so it's going ahead anyway.

I have no experience in this and what I have read online so far is a bit confusing.

Should I walk away from this house completely or should I wait for the survey and see what it says?

Has anyone any experience and can give me a little help please.

Is is usual to get this far down and no one tell us? We would not have offered asking price or offered had we known this.

my parents house was underpinned about 30 years ago and there's been no movement since. others down the street haven't been done and have visible cracks in the outside walls. I know which I'd buy!

It may be harder/more expensive to insure but I’ve never understood that as houses which have been underpinned already are surely less likely to move than those which have not! The underpinning should be priced in as most people shy away from them so you might want to reconsider your offer if it was made without the knowledge.

for info

www.sold.co.uk/home-improvements/can-you-sell-a-house-with-subsidence-2023-update

Does underpinning devalue property?
Underpinning is an action that is used to strengthen the foundation of a property and is a solution to subsidence. You can sell a property that has been underpinned as long as it has been completed to a good standard and there are no ongoing structural or subsidence issues.

Underpinning can devalue a property by around 20-25%. It can be difficult to find a buyer for an underpinned property, as individuals can be put off by the risk of future subsidence, hence the reduction in value.

I think the advice that it downvalues houses is quite old fashioned, it also probably depends where you live & how common it is. Around us lots of houses are underpinned due to the type of soil & they do not sell for any less than non underpinned houses. Initially following the underpinning insurance is harder to obtain & more costly but 10+ years after the underpinning this is no longer the case.

We bought and sold an underpinned house with no bother whatsoever, and with no impact on value.

This is all reassuring thank you. Will have to see what the survey throws back when we have the report

We put an offer in on a house that had been underpinned but the paperwork from the builder who did the work was inadequate and we could not get insurance. We were advised to find out who the seller was insured with and use that company. He was not insured!

A house we were going to put an offer in,we later found was underpinned. We decided against it. If you're having serious doubts,I'd imagine future buyers will too so you might struggle to sell later.

Hi all, hoping you can help me further!

It was resin injected because the foundations for the extension were not adequate.

Extension was about 14 years ago. Resin injection about 3.

We have had a structural adequacy report but it is from the date it was completed satisfactorily but it's from 3 years ago. Not recent.

The vendor has said to the estate agents that they can get a full structural survey for us but it won't say if the property has moved since.

I don't know what to do. Is there such a survey that can tell you if the resin has worked and no further issues are there at the minute? Or is it just a big / small risk?

It's such a shame because the house ticks every box and more but I can't work out how to see what the risk is for the future.

Hi, I’m having a very similar problem like you are, due to complete on a house that I have just found out was underpinned 22 years ago, only one document which is certificate of completion nothing else, have had a level 2 survey which showed no problems not even the underpinning, I’m wondering if the mortgage company will withdraw their offer based on this information? I’m gutted because it’s our dream home in dream location! Have you got anywhere further with this? Thanks 🙏🏻