Terrafirma, an expert provider of environmental information and data intelligence, today launched the Ground Report, a risk and liabilities report designed to enable property professionals to better identify, manage and resolve ground and environmental hazards…
Terrafirma CEO Discusses Lender Policy on Mine Entries.
Earlier today, Terrafirma's CEO and Founder, Tom Backhouse featured on the new series of the Rip Off Britain: Live Series on BBC One. Tom was invited on to offer advice to a frustrated home-owner who has fallen victim to her property being located close to an historical coal mine shaft, making it impossible to sell.
The property has seen its market value drop by £61,000 and despite being up for sale multiple times, it remained unsold earlier this year at a property auction in the West Midlands.
Land. A word that is defined by its ownership, purpose, value or location and is often viewed, from a local, regional or national economic perspective, for its agricultural or development potential. However, land in the UK is also defined by our geological and extraction history, both of which can pose significant risks to property, investment and people.
On 29th June 2017, a 6 metre wide and 3 metre deep sinkhole opened in the middle of a busy Liverpool commuter route to the M62, Edge Lane, closing it for several weeks. United Utilities were called to the scene to assess the damage and discovered the sewer 6 metres down was blocked. The area rests upon superficial till rich with clays which are prone to subsidence which in turn can damage subsurface utilities.