Case Study

Environmental risk context for lenders and purchasers

Environmental risk context for lenders and purchasers

Pages 2 Pages

Background Unearthing the problem This case study provides an interesting example highlighting how timely and pragmatic Groundsure advice can help our customers achieve a substantially better outcome. Despite physical risks at the property being identified, it was not considered that these necessitated immediate or prioritised action. However, the perception of risk between the vendor and purchaser created a situation where our client was able to achieve a high value outcome at very modest cost. The client instructed Groundsure to provide consultancy support and advice. Site inspections, further research, engagement with third parties and a review of historic geotechnical site investigations identified a number of issues: 1. Buildings at the property had clearly suffered from st

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