With all the recent weather we have had and hundreds of homes flooded, there will be a time further down the line that these homes inevitably come up for sale and you may find yourself in the position of wanting to purchase one so below is a little advice from Joanne Ramsden Financial Solutions to help make sure you have everything in order.
Buying a house which has been flooded? here are some answers you may need from the vendor.
Your insurance company is likely to need the following information:
So if you are house hunting and come across a property, you may not need to run a mile in the other direction. You simply need to make sure you ask all the right questions and gather all the right information and speak to a professional for the right advice.
Finally if you are a home owner and your home has been flooded, don't forget a potential buyer will be looking for all the above information so make sure you keep records of any actions you have taken to repair the property and minimise any flood risk moving forward.
Joanne Ramsden Financial Solutions Ltd is an appointed representative of Sesame LTD which is authorised and regulated by the Financial Conduct Authority
Member since: 10th July 2012
Hi I am Faz and am passionate about all things Bolton. I hope you enjoy reading my blogs and find them to be interesting and thought provoking. I would love you to add your personal comments to them. Dont...