Presumably it's unsellable and uninsurable in its current form with a dodgy basement. And how has the bank accepted the mortgage?
it wont have been a normal mortgage, more likely a self build/bridging loan, with an interest rate to match the risk of something like this happening
@Jameo started
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Presumably it's unsellable and uninsurable in its current form with a dodgy basement. And how has the bank accepted the mortgage?