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Earl Kella
 
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Default More about subsidence and insurance / selling

I've read the thread above about slight subsidence problems.

I'd like to know how far you go with being honest to insurance companies -
the place I am currently rennovating suffered some movement about 15-20
years ago and it was mentioned in the survey report that it was long
standing. However I have had a couple of insurance companies refuse to
insure me as soon as I mention the word subsidence.

The same goes with selling the property which I plan to do later in the
year - do I tell the potential buyers on the solicitors questionaire that I
know there has been subsidence a long time ago, or just deny all knowledge?

Anyone done similar?

Regards

Earl


 
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