Would a property that has been underpinned be worth less than one that hasn't? We have found out that the property we have put an offer in for has been underpinned. The vendor was unaware of this as it did not show up on her searches when she bought the property and so the estate agents marketed and valued the property without taking this into acocunt. We have had a structural survey which shows that the property has not moved since it was underpinned nearly twenty years ago and that there is no evidence of the underpinning. The council say it was definitely underpinned so we need to declare this when getting insurance. We have had a reduction on the asking price due to the rise in insurance costs however we do not know whether the property would have been on the market for less had the estate agents been aware of the underpinning. We are worried that this will affect the price when we come to sell. Any advice on what to do?
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