Environmental Search Report - Need Help (FTB)

user1977

RyanAnon said:

user1977 said:

What sort of property are we talking about (age etc)? If relatively new then it's going to be less of a concern as the developers and planners will have been through all of this already (and in much more detail) at the time of construction.

In general none of the searches is at all likely to reveal something which would make you want to walk away.

We have family next door 

In which case they'll probably know more than any searches will tell you!

[Deleted User]

So the ground is stable enough for ongoing planning and energy infrastructure, but not enough to support the house. In my experience these searches are entirely worthless, you're better off chatting to the neighbours. Then again, you can't guess what your lender might do.

poseidon1

RyanAnon said:

user1977 said:

What sort of property are we talking about (age etc)? If relatively new then it's going to be less of a concern as the developers and planners will have been through all of this already (and in much more detail) at the time of construction.

In general none of the searches is at all likely to reveal something which would make you want to walk away.

In fairness it's around 40/50 years old. We have family next door who have never been flooded, however I think it's also to do with the town itself too. 

Appreciate the reply though! So new to all this, anything I see is making me nervous about it all!

The redrawing of England's flood maps can have insurance implications. 

Last year, a commercial investment property I own in Yorkshire had flood cover dropped from the policy despite there being no flooding at all during the 8 year ownership period. All attempts to find another insurer that would reinstate flood cover failed purely on the recategorisation of the future risk of flooding. Now have to consider a standalone flood risk policy that involves installing a flood warning device at the property -  see link to the provider 

https://floodflash.co/

However on the plus side for you,  the government is the ultimate insurer of last resort for residential properties so as regards flood cover you will be more concern at the premium cost, and level of excess in the event of an actual flood claim rather than finding you have no flood cover at all.