THOUSANDS of households are being warned over a “devastating” issue that could knock £50,000 off their home’s value this summer.
Subsidence is where the ground beneath a building sinks, pulling the home’s foundations down with it and causing significant damage to its structure.
Subsidence can land you with a costly £50,000 bill for repairsIt can leave homeowners with hefty bills to fix the damage, and higher insurance premiums long-term too.
Insurers paid around £219million in subsidence claims in 2022...