Tag: subsidence
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Is your postcode at risk of subsidence? Free online tool claims to tell you the answer
Subsidence may be an invisible threat, but for thousands of UK homeowners, its consequences are anything but. As shifting climate patterns drive more frequent periods of extreme heat and low rainfall, engineers and insurers are warning of increased ground movement in certain areas. In response to growing demand for localised risk data, a new online…
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Government’s plans to build homes in ‘Europe’s Silicon Valley’ at risk of subsidence before work even begins
Thousands of new homes planned for construction in the Oxford-Cambridge growth corridor could face serious subsidence risks, potentially leaving future homeowners with uninsurable properties, experts have warned. The Government’s plan to build 4,500 homes in the region, part of a wider drive to tackle the housing crisis, is now under scrutiny as geological concerns come…
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Should you buy a house with subsidence? We weigh up the pros and cons
The prospect of buying a house with subsidence can be seriously concerning. While there could be the attraction of spending less on a property, structural issues with a home are not to be taken lightly. If you’re buying a house with a mortgage, whether you would be able to borrow money for a home with…