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Subsidence Claims Advisory Bureau Ltd. |
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WE ARE PROBABLY THE UK's NO. ONE INSURER OF PROPERTIES THAT HAVE SUFFERED FROM SUBSIDENCE |
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| PUP's | (Previously Underpinned Properties) | ||||
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PREVIOUSLY UNDERPINNED PROPERTIES "I CAN'T BUY THE HOUSE I WANT" When a prospective purchaser finds the house they want, a survey and search will usually determine whether the property has incurred subsidence and has undergone remedial work. This is when the chain regularly breaks down and all the preparatory work carried out by Lenders, Brokers, Estate Agents and Surveyors amounts to nothing. AN EXCLUSIVE SCHEME! (Established 1993) We are pleased to announce to an Exclusive Insurance
Scheme that offers full cover for properties that have been affected by
subsidence but which have subsequently been underpinned (or which have had
authorised remedial work carried out upon them) and which are passed as
acceptable by our survey department. We believe this to be an important
breakthrough allowing purchasers of property, probably for the first time
ever, the chance to obtain bona fide buildings insurance cover on
residential property that has suffered from subsidence. |
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| SUBSIDENCE ADVISORY BUREAU The scheme was established by the Bureau, after long negotiations with Insurers, in an attempt to solve the problems of uninsurable and therefore unsaleable houses. The Bureau has extensive knowledge of subsidence and subsidence related problems and works closely with government bodies in expanding knowledge and understanding of this geological hazardous subject. Each risk is individually assessed by the Bureau (cost £125 + VAT). A "Previously Underpinned Properties" questionnaire must be completed for each case and returned, together with the survey fee (£146.88). An underwriting decision will normally be made within 7/10 days following survey. |
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