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Showing results for tags 'flooding'.
Hi Everyone, I could do with some help, this is my very first time investing in a property. I have decided to purchase two new build flats in Luton, due for completion at the end of June. I have already paid the reservation fee to reserve both plots for a £1000 EACH. I have also instructed my solicitor to carry out the searches on the property and check through all of the finer details. My solicitor has notified me of the following. The property or an area within 25m has been assessed to be at Moderate risk of flooding.
Hello, First time posting - hoping somebody can please help We've just had the searches back on a terraced property we're buying, and the environmental searches have come back with moderate Groundwater flooding risk and significant surface water flooding risk... See attached map showing the site in the red box. The risk of flooding seems to be in the back garden. My husband and I are unsure of whether to take the leap or not - is this something we walk away from? Any tips on what we should consider or who to consult for further advice? Thank you!
Hello, I'm in the process of buying my first BTL and the searches have just come back. 1 - A medium risk of river flooding and a significant risk of surface water (pluvial) flooding within 25m of my property. 2 - The site is located in an area where some properties may be affected by natural ground subsidence. The property is a 1st floor 2 bed in a ten year old development and I seriously doubt the small stream/river is a major risk... but does anyone have any experience with this? Should I pay for further surveys? Check with insurance companies to see if this is an issue? Ch