TerraSearch Coal Extra


Why choose Coal Extra?

Mine entries and underground voids associated with historical coal mining often extend long distances underground beneath residential and commercial sites (property and land). In the event they collapse or subsidence occurs, they can result in substantial damage and loss of value to buildings in close proximity. TerraSearch Coal Extra satisfies and enhances Lender and Law Society due diligence, providing the ideal solution to those parts of the country where mining exists and lenders require an enhanced level of interpretation and a protected professional opinion, before deciding whether to lend.

Who does Coal Extra help?

Residential Yes Commercial Yes
Existing properties Yes Development sites Yes
Nationwide Yes Specific areas Yes
Buyers Yes Lenders Yes
Vendors Yes Tenants No

How does Coal Extra work?

TerraSearch® Coal Extra is a regulated “CON29M-Compliant” mining and ground risk report designed to inform and protect all parties within a property transaction. It uses enhanced data unavailable to The Coal Authority along with enhanced liability protection and expert interpretation to accurately quantify the risk to a property from nearby mine entries, hazards, shallow mining and subsidence claims, as well as all past, present and planned coal and brine extraction. The TerraSearch Coal Extra also includes a screening service for the presence of an additional 55 non-coal mining hazards.

What does Coal Extra reveal?

TerraSearch Coal Extra accurately quantifies the risk to a property from nearby mine entries, hazards, shallow mining and subsidence claims, as well as all past, present and planned coal and brine extraction. It includes all licensed Coal Authority data, a built-in loss of value insurance policy and answers the official CON29M questions to satisfy Law Society and Lender compliance.

A professional opinion is also provided, protected by Terms and Conditions that include a £10 million Professional Indemnity Policy, ensuring the client is better covered from incorrect or missing information.

Availability

Within 48 hours.