Particle.news
Download on the App Store

Phil Spencer Touts 10p Crack Test for Buyers as Insurers Flag Subsidence Risks

Record UK insurance payouts highlight the high cost of subsidence, strengthening calls for more resilient homebuilding.

Overview

  • Spencer advises using a 10p coin at viewings as a quick gauge, noting cracks narrower than roughly 3mm may be superficial and urging buyers not to jump to conclusions.
  • Insurer AXA defines subsidence as ground sinking that can unbalance foundations, leading to moving walls and floors that may render a home unsafe if left unchecked.
  • AXA says warning signs include cracks wider than a 10p, diagonal cracks that are wider at the top, cracks visible inside and out, fissures starting at ground level or under the damp‑proof course, and sticking doors or windows.
  • Routine crack repairs can cost about £1,400–£1,700, while subsidence remediation averages around £12,500 and can, in some cases, cut a property's value by about 20%.
  • The Association of British Insurers reports a record £4.6bn in property claims paid in the first nine months of 2025, using the figure to press for climate‑resilient housing design.