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Tuesday, October 21
by
Andrew Beard
on Tue 21 Oct 2008 05:05 PM BST
I have just been to a road so named after it's 'scenic' conotations, or so the book says, in Westbury on Trym. This is a large house close to Elm Lea School, which is presumably why my Clients want to buy it. It needs renovation and updating and my |Clients want to extend it fore and aft, but it suffers from CURRENT movement. I have advised my Clients, that if nothing else, they get their vendor to make aclaim on their insurance policy, to put the insurers 'on notice'. My Clients can then take over the policy if they decide to purchase (under the Law of Property Act, 1925, I think), and if the movement gets worse, they should be able to make a sucessful claim, by resurecting it. If that claim is not made and my Clients proceed, and movement gets worse, it is unlikely an insurance claim will succeed, as the movement will be deemed a 'pre-existing' defect and the claim could be thrown out. (I know it works, because I've done it myself). Anyway, apart from all of that, there's a hell of a lot of work to do here... more »
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