In reply to KeithWakeley:
> If an old property then some degree of settlement is expected and should not be a major issue.
> In Insurer terms there is a big difference between settlement and subsidence. In simple terms settlement is normal building movement, over time and isn't normally covered by your policy. Subsidence is movement due to an external cause - trees, drains etc - and is covered under a policy, though with a hefty excess and they would want to know at underwriting stage if the property had suffered a subsidence problem previously and has the cause been addressed. Mining subsidence is something different again, and usually not dealt with by Insurers directly.
> I'm sure your surveyor will be able to give you the advice you need, but be very wary of mixing the two terms when speaking with your insurers.
Thanks, good info to have!
> Keith