Description
Mine entries and historic coal workings can complicate property transactions, but the Coal Authority offers tools, data, and guidance to help professionals assess risk and reassure buyers and lenders.
Key Points
- Impact on Transactions: Mine entries can affect mortgage approvals and marketability, especially when misunderstood by lenders or estate agents.
- Coal Authority Resources: The interactive map viewer, CON29M reports, and letters of comfort provide valuable insights for risk assessment and due diligence.
- Education and Archives: Public tools, historical records, and professional training materials support better decision-making in coalfield areas.
3 Learning Objectives
- Recognise the implications of mine entries on property transactions and lender decisions.
- Utilise Coal Authority tools (e.g., CON29M, interactive viewer) to assess and explain coal mining risks.
- Apply mining legacy knowledge to improve client communication, risk assessments, and planning application support.
