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Subsidence Risk Rating - Postcode
Subsidence Risk Rating - Postcode

Subsidence Risk Rating - Postcode

Subsidence is a silent and often ignored risk when it comes to purchasing a property, but for those affected it can be a costly error. In addition to the physical risk, a property affected by subsidence may subsequently be difficult to insure and/or secure a mortgage against.

The Subsidence Risk Rating report is a first step to determine the level of risk of subsidence at a specific postcode level e.g. PE29 6SZ.

 

 

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The British Geological Survey estimates that 1 in 5 homes are at risk of being affected by shrink/swell subsidence. In fact, there are typically more insurance claims for subsidence each year than for flooding. The Subsidence Risk Rating report is based on actual subsidence claims data.

The information includes:

Key features

Why is this important?

A certificate clearly stating the level of risk for the property based on an objective and independent view.

You get an instant view of the level of risk associated with the property.

 

The report is based on actual insurance subsidence data claims and investigations.

You know the risk rating is based on what has actually happened in the area as opposed to what might happen one day.

It comes with a manual expert review.

It's not just computer-generated, an expert has reviewed the report and provided their expert opinion so you know the results can be relied upon.

The report doesn't just flag up issues, it provides guidance on how to reduce the risk of subsidence.

It makes next steps clear and identifies if you need to arrange for further investigations to take place.

A technical helpline specifically for subsidence is available for queries.

You know there is someone on the end of a phone you can talk to about any concerns you may have.

£2m professional indemnity insurance.

Can be relied upon by all professional parties within a transaction and their clients.

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