Quizzes & Puzzles1 min ago
house on mine shaft
We have just recieved the last of our searches back and have been told that our new house is joined to a house that is built on a mine shaft. Our mortgage lender is now deciding whether to lend us the money or not which is obviously concerning us a great deal after all of the time and expense we have put into this sale. Has anyone had experience, good or bad of this? we've been told thats it's common here in the north east but we'd still like some advice if anyone has any.
Answers
No best answer has yet been selected by ashleymewes. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.Do not buy that property.
Even if you have a lender, the possibility is that when you come to sell at some poiint, conditions may change and another buyer may not be offered any mortgage.
You may have problems insuring the place as well
Plus the value of your home will not be as high in the future as the potential of a property not affected by the situation. Just find another house - easy to say but worth a bit of searching now rather than seeing all your investment collapse....