How Thames Water Property Searches can help you avoid failing on flood risk

How Thames Water Property Searches can help you avoid failing on flood risk

When Storm Christoph hit the UK in January of this year, two months’ worth of rain fell in just 36 hours. The impact was catastrophic, with 400 homes flooded and insurance industry losses from the storm reaching in the region of £120 million.

To make matters worse, climate change means major weather events like Storm Christoph are not one-off aberrations. According to the Environment Agency, at least 5.2 million homes and businesses in the UK are at risk from flooding, with numbers predicted to rise over future decades. It has never been more important for property professionals to prioritise flood risk.

This is where Thames Water Property Searches can help. We offer a reliable assessment of any potential flood risk. Our comprehensive flood risk reports cover key types of flood risks – river, coastal, surface water and ground water – along with current and proposed flood defences and a record of historic flood events.

“Being a victim of floodwater ravaging your home has far-reaching and long-term consequences for everyone concerned,”

says Philip Hill of environmental experts Landmark who offer flood reports through Thames Water Property Searches.

“To watch helplessly as everything you have worked so hard for is thrown into a skip is hard enough, but to lose precious sentimental items – such as children’s first drawings or photos of relatives who are no longer with us – is completely devastating. The misery is further compounded by having to move out of your home into alternative accommodation for months. Victims of flooding often say that the recovery process was far worse than the flood itself.

“Many of us happily invest in smoke alarms and security locks to protect ourselves against fires or thefts; but if you live in a floodplain, you’re far more likely to be flooded than have your belongings lost in a fire. A flood is the most effective and indiscriminate ‘burglar’ there is; it will take everything you have including items of no value to anyone else.”

Last year, to reflect the increasing prevalence of flood risk, The Law Society updated their guidance to help ensure conveyancers protect their clients. A comprehensive flood risk report available through Thames Water Property Searches is the first step in a prudent approach to mitigating flood risk and an affordable and quick way to keep your clients informed about any risk of flood to the property they are looking to purchase. Their considered analysis of any flood risks applicable to your potential property purchase can offer you, and your clients, peace of mind and reassurance.

Each easy to interpret report provides a comprehensive and clear analysis of flood risk and the availability of insurance. If there is a high risk of flooding, consultants manually assess the flood risk at no extra cost to ensure a property specific assessment.

Danielle Orosa at environmental experts Groundsure, a further Thames Water Property Searches flood report provider, says:

“Not only should river and coastal flooding be taken into consideration, but surface and groundwater flooding are becoming all too common. We believe that flood risk is a key risk factor that should always be taken into consideration in any property transaction whether or not the home is in a designated flood plain.

“Homebuyers need to be fully aware of the types of flooding that their property may be at risk from, which are not always obvious. For a mortgaged property to reach completion, insurance must be in place, so it is imperative that the purchaser has all of the facts up front, otherwise it could lead to delays or fall throughs with their purchase.”

Rest assured, as far as flood risk is concerned, Thames Water Property Searches is here to offer efficient and accurate results that will stop you going under. For more information visit Thames Water’s website.

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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