Selling an Underpinned House
Underpinning is work done on a home to fix problems with subsidence, and if you are trying to sell an underpinned house you might find there are some additional hurdles to clear.
Your top questions when selling an underpinned house
✅ Why is it sometimes harder to sell a home with underpinning?
A number of factors help to explain why it can be more difficult to find a buyer for a freehold or leasehold property that has underpinning, including concerns from potential buyers about the potential for future subsidence to occur or worries about how hard it will be to sell the home later. Other buyers may lose interest in your home because of the stigma with underpinning.
✅ What is the speediest method to sell a house with underpinning?
You could contact a no-fee quick buyer like LDN Properties, because these companies specialise in making competitive and speedy offers to purchase almost any type of property, including underpinned houses. They take just a few weeks to complete the process of buying a home, compared to other methods that might take many months or even a full year.
✅ How do I know whether I can trust a specific quick home buyer?
You can ask them for proof that they are registered with a third party organisation known as The Property Ombudsman (TPO), which issues rules to protect owners against falling for scams in the quick home buying industry. All legitimate TPO members must commit to following these rules, so you should have complete peace of mind when selling to a TPO-registered company.
✅ Will I have to pay any commission when selling my underpinned home?
If you decide to sell your underpinned house using the services of an estate agent or auctioneer, then you will have to pay them commission that will be subtracted immediately from the final sale proceeds. But if you instead opt for using a no-fee quick home buyer or selling without any help, you’ll keep your selling costs low by not having to pay any commission.
✅ What exactly is an underpinned property?
Whenever a freehold or leasehold house is suffering from subsidence, there’s a risk that the building will move or sink into the ground because of weak soil on which it was constructed. Underpinning involves removing some of that soil and replacing it with much stronger material that is designed to correct the problem and guard against any future subsidence.
✅ What types of property underpinning are available?
There are several different options available for underpinning a house, including the use of concrete beams and bars to shore up a property’s foundations, jet grouting, installing piles in more solid soil than the ground where the subsidence is occurring, and a few other methods that vary in how much they cost and other factors such as the amount of work involved.
We’re rated as Excellent
Reviews.co.uk provide independent reviews from other people just like you!
"Successfully sold two properties direct to LDN Properties in the last two years. Genuine and trustworthy people and the dealings were straightforward." – Thomas from London
Company No. 04636129. ICO No. Z7733416. Ombudsman No. D12463.
Copyright 2003 to 2023