Mortgage brokers can offer homeowners the opportunity to check for contamination and subsidence under their prospective home, two factors which can affect the value and re-sale of properties.
The HomeZone search provided by Thames Water assesses the risks of potential contamination or subsidence risks through an environmental search, drainage search and an aerial photograph of the area surrounding a property.
The environmental search looks at information supplied by the Environment Agency, British Geological Society and Ordinance Survey Mapping which helps to determine whether the property has been built on a landfill site, refuse dump, mine or sewer.
The drainage search will determine whether the homeowner is responsible for the sewer below their house, by examining maps of the public water mains and sewers.
The aerial photograph then provides additional information on the surrounding area, which may be not be visible from the ground.
Giles Stephens, spokesperson for Thames Water, said: ‘The service provides homeowners an additional level of security in their investment and sense of security in their home.’
Conducting a HomeZone search, could save clients money, according to Thames Water as contaminated land is the responsibility of the original polluter but if they cannot be found, the responsibility is passed to the homeowner -‘ which could result in expensive costs for clearing the land.
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