Terrafirma Mining Searches

Regulated Residential and Commercial “CON29M-Compliant” mining and ground risk report, providing a single report for all ground hazards due diligence.
All official licensed Coal Authority (TCA), British Geological Survey, Environment Agency, Ordnance Survey and Historical Mapping. The report also utilises additional data sources unique to Terrafirma.
Coal and Brine Report Indemnity Policy of up to £50,000 loss in market value of the property
Additional professional interpretation included within report and Site plan and a “Pass” or “Further Action” outcome with professional opinion to be inserted into a client care letter.

Terrafirma is the first commercial organisation licensed by The Law Society as a Report Producer of the official CON29M Report.

As an official alternative to The Coal Authority CON29M, the Terrafirma CON29M Report provides expert interpreted answers to all 11 questions (14 for commercial properties) using Coal Authority licensed data and meets all the requirements as stipulated by the new Law Society CON29M (2018) guidance.

It translates the risk of coal mining activity into a clear professional opinion, concluding previously unanswered questions such as:

• Is the property susceptible to coal mining-related subsidence?
• Will coal mining hinder the completion of the transaction?
• Will coal mining impact the value of the property?
• Will coal mining impact normal lending processes?

The report covers all 2018 CON29M questions and legal form, under Law Society Licence

• Clear, reliable and authoritative professional opinion
• Comprehensive terms and conditions with liability for professional opinion passing to Terrafirma, protecting client, lender and solicitor
• Time saving design means rapid report risk screening and assessment.
• Reduced need for additional reports, saving time and cost
• Better data analysis means higher pass rates, all protected by £10 million Professional Indemnity per report
• Satisfies all new Law Society CON29M (2018) guidance

TerraSearch Coal is a regulated CON29M-Compliant report, including all licensed Coal Authority data, a built-in loss of value insurance policy and comprehensively answering the official CON29M questions, satisfying Law Society and Lender compliance.

A professional opinion is provided within each report protected by £10 million Professional Indemnity, available to all parties within a property transaction and ensuring the clients are better protected from incorrect or missing information.

• Residential “CON29M-Compliant” report (Past, Present & Planned extraction)
• Regulated by the Property Codes Compliance Board (PCCB)
• Contains all Official Licensed Data provided by the Coal Authority
• Includes additional, enhanced data resources from BGS, Historical Maps, Local records and Site Investigations.
• Includes the Terrasearch® Coal & Brine Report Indemnity Policy up to £50,000 loss in market value of the property.
• All reports protected by an expert professional opinion
• “Pass” or “Further Action” outcome with concluding statement to be inserted into a client care letter
• Inclusion of full Subsidence Claims, retiring the requirement for additional, costly Subsidence Claims Reports
• £10 Million Liability Limit per report