Climate change makes environmental searches more important than ever

Climate change makes environmental searches more important than ever

As the UK grapples with hotter weather than ever before this summer, the climate crisis has been brought into sharp focus. In July, we saw the mercury rise to levels never seen before in the UK, with many experts suggesting we could be even deeper in to the climate emergency than previously predicted.

It’s imperative that property professionals are proactive in advising their clients about risks associated with climate change. Heatwaves can trigger subsidence and when they break may also lead to thunderstorms and flash flooding. Environmental property searches are crucial in providing conveyancers and homebuyers with the information they need to predict and prepare for such extreme weather hazards, which are sadly on the rise.

Thames Water Property Searches’ environmental reports are able to help identify a property’s future exposure to hazards arising from climate change such as subsidence, coastal erosion and flooding.

Data from the Environment Agency indicates that 5.2 million homes and businesses in England are at risk of flooding – equivalent to one in six homes. What’s more, it predicts that there could be up to a 50% increase in the number of homes built on flood plains over the next 50 years.

Meanwhile ground subsidence is a further negative effect of climate change. According to the British Geological Society, hotter and drier weather causes soil to harden which in turn means the shrinking, swelling and cracking of the ground.

If a property is affected by subsidence, banks and building societies may be reluctant to loan against it and it can also lead to higher insurance premiums and a reduction in the value of a property so that it becomes harder to re-mortgage or sell.

As such, environmental searches are an essential part of the conveyancing process so that potential purchasers are fully aware of the environmental risks around a property.

Our range of accurate and reliable environmental searches at Thames Water Property Searches cover a variety of potential risks a property could face, ensuring conveyancers are able to identify potential contamination risks before purchase as well as comprehensive due diligence reports on ever-evolving flood risk and subsidence.

If it is found that a property lies within a risk area, these crucial searches will give property professionals and their clients the opportunity to make further enquiries with the seller and local authority, as well as the opportunity to seek expert advice and order further specific searches if necessary before deciding whether to go ahead with a property purchase.

This article was submitted to be published by Thames Water Property Searches as part of their advertising agreement with Today’s Conveyancer. The views expressed in this article are those of the submitter and not those of Today’s Conveyancer.

Thames Water Property Searches

 

 

 

 

 

Thames Water Property Searches – Your full service provider

We are experienced national providers of due diligence searches and training to legal property professionals, protecting conveyancers and their clients with a comprehensive range of products and a proven dedication to quality customer service.

As an official provider of the CON29DW drainage and water enquiry, as well as being an NLIS channel license partner, we provide a wide range of land-based conveyancer and developer searches throughout England and Wales. Our reputation is built on the quality of our service and we pride ourselves on the excellent relationships we hold across the industry.

Our customers appreciate our professionalism and expertise, and we combine industry-leading technology with dedicated and enthusiastic people to deliver the best possible service. We believe passionately in putting our customers at the heart of everything that we do. With quick turnaround times, quality products and no hidden costs, our online service is just a click away.

So how can we benefit your business?

  • NLIS: We’re an NLIS channel partner offering you access to the National Land Information Service (NLIS) Hub, meaning we can deliver the fastest possible turnaround times on a range of searches, including those from Local Authorities.
  • Suppliers: Working closely with a range of market leading suppliers such as Argyll, Landmark, GroundSure and the Land Registry means we ensure you can access all the searches you need from one place, with many priced below RRP.
  • ISO 9001:2008: We recently retained the international quality management standard, so not only are we connecting you with all the right products, we also deliver them efficiently alongside a leading level of customer service.

A member of our team would be happy to discuss how we can assist you with your conveyancing search and training requirements.

Contact: Sue Stevens

Tel: 0800 009 4540

Email: [email protected]

Address
PO Box 3189
Slough
SL1 4WW

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