Introducing the new Terrafirma Ground Report
September 11, 2018 10:04 amToday sees the launch of a new report from Terrafirma.
The Terrafirma Ground Report is a ground risks and liabilities report that includes an expert professional opinion, risk assessment and risk transfer on all potential ground risks.
The 25th Edition of The Law Society Conveyancing Handbook includes new guidance supported by the experts at Terrafirma, on Mining and Natural Ground Perils. To ensure solicitor due diligence, the new Terrafirma Ground Report satisfies the new Law Society guidance and ensures compliance.
The Terrafirma Ground Report translates the risk from mining activity, subsidence, sinkholes, radon, fracking, mineral planning activity and much more. It also includes Terrafirma’s official CON29M report, as well as never-seen before data and technology driven solutions to analyse the potential impact of man-made and natural ground perils on property transactions.
Dynamic next steps and an industry-leading professional opinion ensure the purchaser is fully informed and report terms are comprehensively transferred from the solicitor to the experts at Terrafirma.
The Terrafirma Ground Report includes:
- The first integrated official Terrafirma CON29M (2018) as licensed by The Law Society
- All other mining searches (e.g. tin, metalliferous, limestone, chalk, gypsum, clay, Cheshire brine, other brine, Bath Stone
- Evidence of ground movement analysis, using innovative satellite technologies never-before-seen data
- All known Natural Ground Perils, including Slope stability, running sands, sinkholes and erosion
- Mineral planning and future mining or extraction activities and oil and gas including fracking) activities
- Comprehensive information on the risk of radon exposure
- Expert professional opinion on natural clay-related subsidence, assessing not only British Geological Survey data but pioneering University-researched soil models
- All potential physical, financial and legal liabilities associated with past mining activity
- Terms and conditions that include a £10 million Professional Indemnity Policy (per report)
For more information and/or sample reports please call 01509 812953 or via email