Designed for. Key features. What s included. Why you need it. understand the ground
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1 Designed for Key features What s included TerraSearch Assess is a regulated CON29M-Compliant mining and ground risk report designed to inform and protect all parties within a property transaction. It uses enhanced data unavailable to the Coal Authority and other environmental report providers along with enhanced liability protection and expert interpretation to accurately quantify the risk to a property from all ground hazards, including; coal and non-coal mining, mineral planning, oil and gas (fracking), sinkholes and more. Regulated residential and commercial CON29M-Compliant mining and ground risk report, providing a single report for all ground hazards. All official licensed Coal Authority (TCA), British Geological Survey, Environment Agency, Ordnance Survey and Historical Mapping Uses additional data sources unique to Terrafirma Coal and Brine Report Indemnity Policy of up to 50,000 loss in market value of the property Additional professional interpretation included within report and Site plan Pass or Further Action outcome with concluding statement to be inserted into a client care letter Report author s contact details provided for direct support queries 10 million Professional Indemnity Policy per report Delivered between 2 and 4 days. TerraSearch Assess Report is the first Combined Mining and Ground Risk report to include an expert assessment of all mining, mineral planning, fracking and sinkhole hazards based upon industry standard and innovative new data sources. A professional opinion is also offered, protected by terms and conditions that include a 10 million Professional Indemnity Policy, ensuring the client is better covered from incorrect or missing information. Why you need it Mine entries and underground voids associated with historical coal, metal, stone and evaporite mining often extend long distances underground beneath property and land. Additionally, hazards such as sinkholes, ground gas, fracking and mineral planning can have significant impact on property and land. In the event a mining void collapses, subsidence occurs, or mineral planning is granted within the vicinity of the site, the result can be substantial damage and/or loss of value. TerraSearch Assess satisfies and enhances Lender and Law Society due diligence, providing the ideal solution to those parts of the country where ground hazards exist and mortgage lenders, insurers and prospective purchasers require an enhanced level of interpretation and a protected professional opinion, before deciding whether to lend or commit to purchase. For more information please call Terrafirma on or visit our website:
2 For more information please call Terrafirma on or visit our website:
3 Designed for Key features What s included TerraSearch Assure is designed to support due diligence risk management for the property and legal sector by packaging data and interpretation to provide a professional certification that expertly locates the risk to a site from all mining hazards associated with the UK s mineral extraction legacy. TerraSearch Assure is available for Commercial and Residential sites TerraSearch Assure is provided instantly via integration or via Terrafirma s website Certification by an experienced geologist Each TerraSearch Assure is backed by Terms and Conditions that include a 10 million Professional Indemnity Policy that can be relied upon by all parties in a property transaction All Terrafirma reports adhere to The Search Code, monitored by the Property Codes Compliance Board If TerraSearch identifies the Site to be within a hazard zone, a recommendation is made for the appropriate lender-compliant ground or mining report to be acquired. The unique TerraSearch platform is a tool that enables property professionals to locate potential mining and ground hazards within a residential or commercial site. TerraSearch instantly screens the risk from all UK past and present mineral extraction, including over 60 mining hazards such as coal, brine, tin, stone, gypsum, lead, limestone, iron, clay and many more. TerraSearch Assure is required where the site is identified to be outside the Terrafirma Hazard zones, satisfying lender compliance and offering complete protection from past underground mining through a built-in 10 million bespoke Professional Indemnity Cover protecting all parties within a property transaction. Why you need it There are more than sixty minerals extracted across the UK yet less than six are covered by general conveyancing practice, there are also 405,000 recorded non-coal mine shafts and over 170,000 recorded coal mine shafts in the UK, with only one in three recorded. The TerraSearch platform addresses the very real risks associated with the UK s mineral extraction legacy by offering a cost-effective solution that provides instance property-specific certification as well as protection and peace of mine to lenders and property owners through the TerraSearch Assure. For more information please call Terrafirma on or visit our website:
4 For more information please call Terrafirma on or visit our website:
5 Designed for Key features What s included TerraSearch Coal is a Regulated CON29M-Compliant mining and ground risk report designed to inform and protect all parties within a property transaction. It uses enhanced data unavailable to the Coal Authority along with enhanced liability protection and expert interpretation to accurately quantify the risk to a property from nearby mine entries, hazards, shallow mining and subsidence claims, as well as all past, present and planned coal and brine extraction. Regulated Residential and Commercial CON29M-Compliant report (past, present and planned extraction) All Coal Authority (TCA) official licensed data Uses additional data sources unavailable to The Coal Authority Coal and Brine Report Indemnity Policy of up to 50,000 loss in market value of the property Additional professional interpretation included within report and Site plan Pass or Further Action outcome with concluding statement to be inserted into a client care letter Report author s contact details provided for direct support queries 10 million Professional Indemnity Policy per report Delivered within two days (48 hours) TerraSearch Coal Report includes all licensed Coal Authority data and a built-in loss of value insurance policy that answers the official CON29M questions to satisfy Law Society and Lender compliance. A professional opinion is also provided, protected by Terms and Conditions that include a 10 million Professional Indemnity Policy, ensuring the client is better covered from incorrect or missing information. Why you need it Mine entries and underground voids associated with historical coal mining often extend long distances underground beneath residential and commercial sites (property and land). In the event they collapse or subsidence occurs, they can result in substantial damage and loss of value to buildings in close proximity. TerraSearch Coal satisfies and enhances Lender and Law Society due diligence, providing the ideal solution to those parts of the country where mining exists and lenders require an enhanced level of interpretation and a protected professional opinion, before deciding whether to lend. For more information please call Terrafirma on or visit our website:
6 For more information please call Terrafirma on or visit our website:
Price List effective April 2018
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