Aug 20
Improvements to the Groundsure Homebuyers Report
Posted: under Environmental Searches.
Tags: Environmental SearchAugust 20th, 2009
GroundSure is improving the ‘GroundSure Homebuyers Report’, effective from 1st September 2009. These important changes will include the following key elements:
Introduction of a formal Flood Risk Assessment
GroundSure is introducing an explicit flood risk assessment opinion to the GroundSure Homebuyers report in order to provide solicitors with a robust and dependable opinion on both Contaminated Land and Flood Risk Assessment in a single report.
GroundSure have listened to concerns from solicitors regarding environmental searches that subsequently recommend a further flood risk search report. This situation not only provides for additional cost but also potentially the inconvenience of having to place a second search order.
GroundSure are determined that the GroundSure Homebuyers continues to be regarded as the quality product in the market and therefore they have decided to incorporate flood risk information as standard. GroundSure will continue to provide GroundSure Flood as a separate standalone residential flood search report for those clients wishing to purchase this product.
Key features of the report include:
• Use of the recognised, most advanced historical land use database in the UK
• A “Passed” or “Further Assessment” certificate providing clear guidance
• The lowest “Further Assessment” rate in the market based upon:
- Highest quality of data available;
- Review of all “Further Assessment” cases before issue to the client
• A detailed Flood Risk Assessment based on the latest available data
• Access to the GroundSure £60,000 remediation contribution*
• Backed by £5 million professional indemnity insurance
• Only GroundSure include the potential for natural ground stability
In addition to Contaminated Land, the GroundSure Homebuyers report covers:
• Historic Military/Ordnance sites
• Coal mining screening
• Shallow mining assessment
• Natural ground subsidence assessment
• Mobile transmitter locations
• Planning Hazardous Substance Consents
• Underground High Pressure Oil and Gas Pipelines
• Detailed radon exposure
• Natural & mining cavities
• Underground working & mining
• Potentially infilled land
• Environmentally sensitive sites including National Parks, Areas of Outstanding Natural Beauty and World Heritage site
Price Increase to £41.70 excl. VAT
From 1st September 2009 the GroundSure Homebuyers will increase to £41.70 excl. VAT. This price increase comes as a result of significantly increased costs to GroundSure from the Environment Agency, whose valuable datasets comprise a fundamental element of the report.
*Subject to relevant terms
