development

Shaft swallows car park in St. Ives, Cornwall

Late on Saturday 28th April, a 40ft deep and 3ft wide hole opened in a car park in Garth-An-Creet, St. Ives, Cornwall. Local emergency services were called to assess the scene and undertake work to prevent the hole from widening and affecting nearby properties. Subsequent investigation by Terrafirma concludes the hole was created by the collapse of a disused mine shaft.

Merthyr Tydfil Sinkhole Opens Up on New Build Development

A sinkhole reported on 02/04/18 has appeared in Merthyr Tydfil within a new build site, Cwrt Aneurin Bevan. The sinkhole which is reportedly 20 ft (6m) deep has resulted in local residents losing access to their new homes.

Terrafirma CEO on Rip Off Britain: Live

Terrafirma CEO Discusses Lender Policy on Mine Entries.

http://www.bbc.co.uk/programmes/b09bcsrc

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. 

Protect Property with a Professional Opinion.

The age of solely relying on data in environmental risk assessment is over, with a visible shift in the way professionals perceive risks such as contaminated land and flood. Where historically data alone was enough to accept due diligence, now both a professional opinion and interpretative data modelling is a standard in assessing and managing these environmental hazards. 

However, despite the significant annual financial expenditure (between 4 and 15% of all Buildings Insurance Claims in the past 5 years were attributed to subsidence) and the increasing visibility of the ‘Sinkhole’ phenomena, this shift in due diligence process has not been replicated in assessing the risks the ground pose.