Landmark Information Group has launched a comprehensive new climate change report aimed at helping property investors and professionals understand current and potential future climate-based risks for properties.
The user-friendly report covers flood risk, subsidence, heat stress, coastal erosion, and the transitional risk of Energy Performance Certificates (EPCs).
With the Law Society expected to release guidance on climate change later this year, it is likely that conveyancers will need to include future climate risks within their due diligence processes, making this report an increasingly important consideration.
Landmark’s Climate Change report is based on Unique Property Reference Number (UPRN) property references and draws from the most authoritative climate projection data available in the UK.
The report offers an overview of future risk as well as advice and recommendations on addressing environmental risk.
The new product complements Landmark’s extensive portfolio of climate risk management tools and supports the company’s commitment to Net Zero, aligning with its ambition to help the property industry modernise transactions and address increasingly complex concerns more effectively.
Chris Loaring, Managing Director of Landmark Legal, said: “With flood risk currently identified to affect 5.4 million properties in the UK, the impact of climate change on property transactions and investment is undoubtedly concerning many property professionals and their clients.
“It’s essential that everyone plays their part in gathering authoritative information to provide clients with guidance on potential future risks and options to mitigate them.
“In keeping with Landmark’s own commitment to Net Zero, this product will help provide much-needed clarity and support for property professionals and investors looking for a robust and easy-to-understand way to assess and communicate climate change risk.”
