Think You Have Subsidence? Essential Steps to Take Immediately
If you're considering buying a property with subsidence, it's not a dealbreaker. But ensure you know why it's occuring and how to treat it.
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If you're considering buying a property with subsidence, it's not a dealbreaker. But ensure you know why it's occuring and how to treat it.
The amount your property will be devalued with the presence of subsidence will depend on the severity and how much it has impacted the building. Significant subsidence can devalue a property by around 20%.
Subsidence can affect the safety of a house, especially if it is severe. It can be unsafe to live in a house with significant subsidence.
By law, you should always declare historic or current subsidence when selling your home. If you do not disclose this then you are at risk of being sued for misrepresentation of the house you are selling.
No, not all cracks in your house will be the result of subsidence. There are other ways that a house might have cracks in such as temperature changes, plaster shrinkage, and damp.
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