Subsidence? No problem. Get ready to buy and sell this Spring

(April 12, 2021)

According to historical data, Spring is the most popular time to buy and sell. The Easter break is known to be a great time for those looking to buy and sell. Buyers are particularly excited at the thought of being in their new home in time to enjoy the summer months. The break also allows both parties time to consider their options and viewings.

Rightmove’s latest insights reveal,

“there is a record number of buyers enquiring about properties on our site this month (March 2021). In fact demand levels are 34% higher than this time last year when we were still experiencing a strong pre-lockdown market”. (Rightmove)

Demand is only set to increase during April too. The government’s budget announcement enables mortgage lenders to offer more deals and includes an option for those with a low deposit (5%). This will allow more people the opportunity to buy and sell.

Moving house is known as one of the most stressful life events and it is no secret that subsidence is something that fills homeowners and buyers with dread. We want to explain why subsidence is not something that should stop you from either selling or buying. 

When subsidence is identified the first most important thing is to establish the cause. Subsidence can be caused by a number of factors. Those properties built on clay soils can be more susceptible to subsidence than those built on granular soils, but those on granular soils should be aware of the possibility of washout due to leaking drains, heavy rain, and flooding. 

If you identify subsidence, you may wonder what options are available for repair. Traditionally subsidence has been repaired with underpinning or piling. Ground improvement is an alternative solution that is cost-effective, less disruptive, and much faster. 

What is Ground Improvement?

Ground Improvement is an engineered procedure, whereby the bearing capacity of foundation soils is either continuously improved down to considerable depths or just at one specific depth, by the injection of expanding geopolymer resins. 

This method is fast becoming the preferred method of insurers and private homeowners alike, and it is widely recommended by Surveyors and Structural Engineers. The solution can be completed in as little as one day, with minimal disruption. This is good news for those looking to buy or sell!

Geobear is a trusted subsidence solution repair specialist

Geobear (formerly known as Uretek) is the founder of this type of solution and we have been helping those both selling and buying property for many years. How?

  1. We can offer a 10-year insurance-backed guarantee certificate, along with a certificate of structural adequacy for our residential properties. 
  2. These documents are appealing because they are often requested by home insurance and mortgage providers to obtain their product. 
  3. For those selling, such documents are often requested by the conveyancer and form part of the legal contract of sale. They can help you retain the value of your home.
  4. For those buying, it puts you in the best position possible to obtain a mortgage and home insurance.

Want to know more in-depth about our solutions? Read here

 

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Alternatively please call us on 0800 084 3503 and speak to our customer services team. Calling from Ireland please go to the contact us page.

We deliver projects on any sort of building or structure – from conservatory extension problems to 80,000m2 warehouses and road infrastructure. In most cases we will have the best solution, so get in touch today.

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