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The doom and gloom seems to be a lot of hearsay and received wisdom rather than experience
I agree - technically the house should be 'better' - I was prepared to go through with it but the insurance was a killer for us as we were pushing the limits of affordability going for that place. Seller got themselves in to a difficult position as they couldn't hand down the insurance they had - which presumably had some equity behind it - it's the new customer stuff which gets spendy or so it seems.
Howard
Dramatic_Hammer
Our buildings and contents is 1/3rd of that (underpinned Victorian). The most recent insurers basically said it’s too old to worry about (mid 1980s underpinning)... Not a £1.X m house but rebuild is estimated at £600k.
Fair enough about the seller and EA though. Not a good start!
In our case the issue was identified and fixed, with no identifiable movement since, so I’m happy to ignore the worriers. Insurers are slightly restricted but the cost seems fine. The doom and gloom seems to be a lot of hearsay and received wisdom rather than experience, from the reading I did.