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Is It Wise to Buy a House with Subsidence?

Purchasing a house is one of the most significant investments most people make, so it's essential to ensure the property is in good condition. One of the most daunting issues potential buyers encounter is subsidence. But is it wise to buy a house with subsidence? This blog explores what subsidence means, its implications, and how you can make an informed decision when faced with this issue.


What Is Subsidence?

Subsidence occurs when the ground beneath a property sinks or shifts, causing the building's foundation to move unevenly. This can result in cracks, structural instability, and a host of other problems that may require costly repairs. Subsidence can be caused by several factors, including:


Soil Type: Clay soils are prone to shrinking during dry weather, leading to instability.

Tree Roots: Large trees near a property can absorb significant amounts of moisture from the soil, exacerbating movement.

Leaking Drains: Damaged pipes can weaken the ground beneath a property.

Historical Mining: Properties in areas with mining activity may be vulnerable to ground movement.

Should You Consider Buying a House with Subsidence?

The decision to purchase a house with subsidence depends on several factors. While it may seem like an immediate red flag, there are situations where buying such a property can be a viable option.


The Pros of Buying a House with Subsidence

Lower Purchase Price

Homes with subsidence often sell for less than market value. If you’re willing to invest in repairs, this could be an opportunity to secure a property at a reduced price.


Insurance Solutions

Many insurers are willing to cover properties with historical or ongoing subsidence, especially if remedial work has been completed.


Potential to Address the Problem

With professional help, subsidence can often be stabilised. Methods such as underpinning can strengthen the foundation and prevent further movement.


Opportunity to Negotiate

Knowing the extent of the issue can give you leverage to negotiate a better deal with the seller.


The Cons of Buying a House with Subsidence

Costly Repairs

Remediation work, such as underpinning or fixing drainage issues, can be expensive. Buyers should be prepared for these additional costs.


Future Insurance Challenges

While insurance is often available, it may be more expensive for properties with a history of subsidence. Renewals could also be an issue if the problem persists.


Structural Risks

If subsidence isn’t properly addressed, the property may face long-term structural instability, leading to ongoing maintenance costs.


Resale Difficulties

Selling a property with subsidence can be challenging, as many buyers may be reluctant to take on the risk.


What Should You Do Before Buying?

If you’re considering purchasing a property with subsidence, it’s crucial to follow these steps:


Obtain a Full Survey

A detailed survey, such as a Level 3 Building Survey, can identify the extent of the subsidence and provide recommendations for remedial work.


Review Remedial Work History

Check whether the property has already undergone subsidence repairs. If underpinning or other measures have been completed, ask for documentation and warranties.


Consult with Professionals

Engage a structural engineer to assess the severity of the issue and the likely costs of remediation.


Get Insurance Quotes

Contact insurers to understand the cost and availability of cover for the property.


Negotiate the Purchase Price

Use the findings from your survey and consultations to negotiate a price that reflects the cost of necessary repairs.


Is Buying a House with Subsidence Worth It?

Ultimately, the decision comes down to your circumstances and risk tolerance. If you have the budget for repairs and are willing to deal with potential complications, buying a house with subsidence could be a worthwhile investment. However, if you’re looking for a hassle-free purchase, it may be wise to consider alternative options.


How NIVEK Surveying Services Can Help

At NIVEK Surveying Services, we specialise in providing comprehensive property surveys, including identifying subsidence and other structural issues. Our team can help you make an informed decision by assessing the extent of the problem and offering tailored advice on remediation.


Buying a house with subsidence can be a calculated risk. With the right knowledge, expert advice, and preparation, it’s possible to turn a property with challenges into a valuable investment. If you’re considering such a purchase, contact NIVEK Surveying Services today for professional support and guidance.

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