WHY CHOOSE ASSURE?
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 instant property-specific certification as well as protection and peace of mind to lenders and property owners through the TerraSearch Assure.
WHO DOES ASSURE HELP?
Assure is suitable for the following:
- Existing properties
- Development sites
Assure is not suitable for the following:
HOW DOES ASSURE WORK?
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.
WHAT DOES ASSURE REVEAL?
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.
Instantly via integration or via Terrafirma’s website.