house with heave

Dansouthcoast84

Private Member
has anyone come across a house with or had heave?

im viewing a house that has had heave and has had underpinning. agents said they are unsure about mortgages on it at momemt...

anyone with experience?
 

raggles

Private Member
Not personally but half know some one who bought one after under pinning was done. If I remember right all the lenders were interested in was what guarantee was issued on completion. It was years ago though.
 
D

Deleted member 29624

Guest
Is heave subsidence? If you mortgage companies often require you take out an indemnity insurance but they're not overly expensive
 
D

Deleted member 29624

Guest
its opposite..
heave lifts the house rather than sinking it
Fair doos mate never hear of that before...maybe a dumb question but what would cause a house to lift, is it on a hill that's moving or something
 

zolco

Private Member
Ground conditions like clay swells up when gets wet for example.
I'd avoid high street lenders like your own bank. Go and see an independent mortgage broker who's not tied to any EA, they will know the market and the lending criteria for these properties.
Or just buy it cash(y)
 

malc

TPF Special Forces
has anyone come across a house with or had heave?

im viewing a house that has had heave and has had underpinning. agents said they are unsure about mortgages on it at momemt...

anyone with experience?

i would NOT invest in that property. the clay has heaved and broken the footings, an insurance company will only pay out to have underpinning carried out when the damage is extreme. one property i worked on had been piled driven, and the heave had snapped the pile.
 

Dansouthcoast84

Private Member
i would NOT invest in that property. the clay has heaved and broken the footings, an insurance company will only pay out to have underpinning carried out when the damage is extreme. one property i worked on had been piled driven, and the heave had snapped the pile.
its a strange one... its a middle house out of 3... been there for years not a new house
 

Dansouthcoast84

Private Member
How would a house lift?

Tree roots?
Screenshot_20180925-085602_Chrome.jpg
 
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