Kieran McCarthy: Is it a bad thing that a home has been underpinned or should I walk away?

Looking at old houses a few words come to mind that can strike fear into a would-be house buyer; rising damp, dry rot and of course our old archenemy, subsidence

If you are buying an old building, you likely have some version of this problem to deal with. It's just a matter of what.

Hi Kieran 

I am interested in purchasing a home that was built in Cork in the 1970s. I have been told that the home had to be underpinned due to subsidence issues. I understand I am unlikely to be able to get insurance but it is the perfect home for me. A friend has suggested that the fact that it has been underpinned is a good thing.