15 weeks tomorrow...
2 November 2022
And still nothing... well... except...
I found a job. Fitting my previous volunteer work around the job (that I need to pay for the current additional costs) however is proving challenging.
EQC paid out for the land lost. This is because the cost to repair was too high for them. And, as per their policies, they will always pay on the lesser value. So they paid on the land lost and the land they estimate we will lose in the next 12 months.
According to their estimates the value paid would JUST cover the paper work component of their proposed repairs.
They've said the repairs (not the paperwork) it will cost $300k + GST to fix, but we've been told that it's more likely to be over $500k + GST (assuming we can get consents, because of the complicated nature of the remediation).
Our Insurance company also advised that repairs must be done to continue to be insured. And because there is still no damage in their eyes to the house, they will not pay out on it.
Our Bank froze the EQC funds when it paid out (something we didn't know could happen).
When we queried why, they released the funds but told us that we could no longer borrow against the house as it had devalued so much due to the slip.
The garage at the house flooded AGAIN last weekend with the rain that went through so we also had to go and clean that up.
And yesterday, our insurance told us they would be closing off the displaced accommodation supplement that was helping subsidise our rent even though we are still displaced.
The last few weeks have been VERY difficult.
