Terrafirma announce updates to their Ground Report

October 2, 2019 11:16 am

The Terrafirma Ground Report is a risk and liabilities report designed to enable property professionals to better identify, manage and resolve ground and environmental hazards. The Ground Report satisfies recent new best practice guidance on mining and natural ground perils, published by The Law Society.

Following extensive feedback Terrafirma have made updates to the Ground Report with the following additions:

  • Improved clay-subsidence risk assessment, including future climate change scenarios.

  • The addition of a comprehensive clay subsidence module, using advanced modelling to portray potential zones of influence from nearby trees.

  • Terrafirma’s unique sinkhole alert forms part of the front page location map, providing up-front information on recorded collapses near to the property.

  • A revised Natural Ground Perils module which identifies the likely risks from slope movement as well as any mapped landslide areas which may affect the property.

Including expert professional opinion, risk assessment and risk transfer, the Ground Report uses data-driven technology solutions to model and intelligently analyse the potential impact of all man-made and natural ground perils on property and land purchases, mortgage lending and development activity.

Using the unique UserKey, the Ground Report translates the risk from all mining activity, subsidence, sinkholes, radon, fracking, mineral planning activity and many more ground perils to enable property purchasers and property professionals alike to better understand the ground. Additionally, and following Terrafirma becoming the first commercial company to be licensed to produce the CON29M legal form, the Ground Report includes an integrated official Terrafirma CON29M (2018).

Furthermore, in an industry first, the Ground Report includes expert evidence-based modelling, not only assessing the risk of a potential hazard, but intelligently analysing a ‘proof of movement’ database, that includes over 120,000 investigated subsidence claims and almost 10,000 sinkholes. The unique ‘Ground Movement’ module also includes ‘never seen before’ space data from our partner CGG’s InSAR data from Sentinel-1 satellite.

More data and interpretation at no extra cost

  • 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 (as provided within an appended Cheshire Salts Search from Groundsure/Cheshire Brine Subsidence Compensation Board), 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

  • Minerals planning and future mining or extraction activities, 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 needs

  • All potential physical, financial and legal liabilities associated with past mining activities

  • Includes £10 million per report Professional Indemnity Policy

Unique benefits of the Terrafima Ground Report

  • 100% of the risk of reporting on mining and natural ground perils is transferred to Terrafirma

  • Dynamic and colour-coded next steps based on a site and property specific risk assessment

  • Includes an integrated official CON29M, satisfying The Law Society CON29M (2018) guidance notes and includes Coal and Cheshire Brine Search Insurance up to £100,000

  • Expert risk assessment and analysis included on all ground risks, translated into clear, reliable and practical advice

  • Professional Indemnity protection up to £10 million per report

  • New technologies and data modelling has increased the pass rate to over 97%

  • Terrafirma’s unique SinkholeALERT database containing over 9,000 ground collapse and an investigated subsidence claim database containing over 120,000 claims

  • Traffic light system and legend, highlighting key actions for conveyancers, lender and purchaser

  • Unique ground movement module using the latest available space data (CGG’s InSAR data from Sentinel-1 satellite)

  • Terrafirma professional opinion included for all ground risks, providing reliable answers to any potential impact on completion, value, use or enjoyment

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