Tag: subsidence
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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…