Lexsure Knowledge Hub

The latest paragraphs for you to consider including in your Report on Title.

Text for Report on Title

ROT: Adverse Environmental Search : Past Industrial Activity - Further Action Required

Change date
17/09/2018
Word count
154
Deployment measure
8/10
Rationale

Suggestions and advice concerning adverse search results stemming from past industrial use relating to land or nearby land.

The land on or near the property has been subject to previous industrial activity. This risk of contamination could affect your ability to get a mortgage in the future, if the land is found to be contaminated as there is potential exposure to a legal obligation and associated costs to rectify. As the searches suggest …

To view the full text:

Subscribe Buy this text

Did a property problem come to light after you bought?

WhenIBought is a Lexsure service for homeowners who discover an issue when selling or remortgaging and wonder what was known, investigated or explained at the time of purchase. It offers a conversation about what happened and, where the records allow, what lenders required at the time. It does not determine whether anyone was at fault.

Other texts related to Searches