At a glance / Paying over time
Paying for subsidence repair on a heritage building
Structural work on an older building can carry a significant bill. These are the main routes homeowners and property owners use to cover it, so you can decide which fits before a specialist begins.
Claim through your buildings policy
Many UK buildings policies cover subsidence as a named event. Read your policy document carefully, as the excess on structural movement claims tends to run higher than on standard household claims.
Homeowners with active buildings cover and visible cracking or movement in a heritage structure.
Self-fund the work directly
Any costs the insurer will not cover, including the policy excess, fall to you to pay. A written quote details all figures before the specialist begins.
Owners with savings available to cover costs that a buildings policy will not meet.
Spread the bill through a finance broker
Where foundation repairs, underpinning or lime mortar repointing adds up to a large sum, ask about a finance referral when you request your free quote.
Property owners who prefer to pay in monthly instalments rather than a single lump sum.
Finance through a separate broker
Heritage Subsidence does not provide credit. If paying the full cost of heritage subsidence repair upfront does not work for you, raise the question of finance at the time you request a quote. That referral goes to a finance broker which is a completely separate business from Heritage Subsidence. The broker holds its own credit and lending relationships, makes its own decision on every application, and Heritage Subsidence plays no role in that assessment. The broker may decline an application once it has run its own checks on credit history and affordability, so approval cannot be assumed. Heritage Subsidence may receive a commission from the broker if a finance arrangement goes ahead. The broker sets every rate and repayment schedule, so check the full agreement carefully before signing.