Owning an underpinned home – known in the insurance industry as a Previously Underpinned Property or PUP – can be a headache when it comes to buying home insurance. Mainstream insurance providers will either refuse to provide a quote or quote a very expensive price with a very long list of exclusions and conditions. This is because insurers use the fact of the property being underpinned as an indicator that subsidence might happen again.
When you apply for home insurance for your underpinned home with us, you’ll experience a breath of fresh air. Firstly, you enter all your details into the online quote form. Then one of our in-house underwriters will assess your property and the risk of repeat problems occurring and then offer you a tailored policy. This process typically takes only a couple of days.
Home buildings insurance offered by HomeProtect is rated 5 Star by Defaqto, an independent financial research company. This indicates that the policy includes excellent levels of cover for a wide range of features, in fact one of the best offerings in the market, letting you relax in the knowledge that your home insurance will help out should the worst happen.
HomeProtect will almost certainly be able to insure an underpinned house. Before contacting us to get a quote, make sure you know:
The cost of underpinning a house varies considerably depending on the size of the property and the underpinning technique used. A suitably qualified structural engineer will be able to give you an indicative price for the cost of underpinning foundations.
The simple answer to this is ‘it depends’. Other factors such as its condition, interior décor, garden and, of course, how much of a hurry the vendor is in to sell will play a key part in determining the eventual selling price too.
If you don’t disclose major building works that you know have been carried out to your property then you could be taken to court later for misrepresentation.
As a general rule, you should not require planning permission to complete any maintenance on your foundations, but building regulations will still apply
One notable exception to this rule arises if your property is listed or situated in a 'designated area' (such as a conservation area, national park or area of outstanding natural beauty), whereby you should check with your local planning authority before any works are undertaken.