Terrafima CON29M
Terrafirma CON29M Report
Terrafirma is a leading provider of environmental information and data intelligence, using innovative data-driven processes, protected by an expert professional opinion, to ensure professionals and consumers are given clear insight on the risks to property.
These risks include historical mining and shale gas extraction, the impact of radon exposure and the risks of natural ground movement.
Terrafirma is the first commercial organisation licensed by the Law Society as a report producer of the official CON29M Report.
This official alternative to the Coal Authority’s CON29M, the Terrafirma CON29M uses Coal Authority licensed data to answer 11 crucial questions (14 for commercial properties) and meets all the requirements of the most recent (2018) Law Society guidance.
Terrafirma’s mining reports provide information on past, present and future underground and surface coal mining activity for any property or site in England and Wales.
Offering the most up-to-date analysis of data and providing an expert professional opinion, the official Terrafirma CON29M Report uses quality risk screening and assessment to ensure a prospective purchaser has a better understanding of what coal mining risks face their property.
The more thorough nature of the report means a conveyancing solicitor will no longer be required to report on a liability of which they do not have detailed knowledge, reducing the amount of time spent reporting back to client or lender.
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Key Features |
Why this matters |
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Clear and expert explanation of impact on normal lending process and property value. |
Allows for better understanding of what coal mining risks face a property and what to do next. |
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3 working day turnaround on most reports. |
Helps speed up purchase transaction. |
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Better data analysis using Coal Authority licensed data. |
Guarantees most up-to-date data is being assessed and analysed. |
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Reduced requirement on additional reports because additional data such as nearby subsidence claims is included. |
Saves client time and money. |
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Protected by £10 million Professional Indemnity Insurance. |
All professional parties involved in the property transaction are covered by the indemnity insurance. |
