Would you purchase a property with subsidence?Make Text Bigger
I have seen a property that I would like to buy as a BTL but understand now that it was underpinned around 10 years ago due to some subsidence with the likely cause being leaking drains that softened the ground. The property is in otherwise good condition.
My main concerns are a) mortgage ability and b) insurance
Does anyone have any experience of this? Is this one to keep well away from or could it be okay given the work that has been carried out?
Any experience to share out there would be most appreciated!
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