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Historic & Rectified subsidence (London)

4 replies

NicT7 · 30/01/2023 18:44

Looking for advice as in the process of buying a property in SW London which had subsidence identified and treated (helical stitch no underpinning) between 2006-2007 along with the offending tree in the street being removed in 2008.

Our survey 2 weeks ago did not identify any cracks or movement, we only found out when the seller submitted all the docs from insurance and contractors in the contract pack.

All the big insurers happy to cover as it’s 10+ years ago and no sign of any issues since.

It’s in a great area, with great schools but we’re FB and nervous this will affect resell as it’s not our ‘forever home’ but definitely a 10+ year home.

Has anyone else gone through with a property with a similar history and gone on to sell it with no issue?

thanks!

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Stillwinston · 30/01/2023 20:42

No advice on selling but we bought a house last year in SE London which had been underpinned - whilst we know the onward sale might be more difficult we're planning on staying here for at least the next 5 years so I'm not overly worried. A lot of houses in London have had historic movement and subsidence as London clay can be quite temperamental so I don't see it as a major red flag. Personally I'd go for it if everything else about the house is right and the paperwork for the helical stitch stacks up. Best of luck, hope your move goes well whatever you decide 👍

NicT7 · 31/01/2023 07:49

Thank you for your advice, it’s good to know what others in a similar situation have done!

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Capricornandproud · 31/01/2023 07:53

Not me personally fb but parents house in london had significant subsidence repaired; absolutely zero issues since and it re-sold really well. I wouldn’t let it put you off if the surveys dont show current issues, and insurers are happy to insure?

NicT7 · 31/01/2023 10:37

Thank you so much for your response!

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