Unlocking Confidence: The Coal Authority's Role in the Conveyancing Market
Key insights
Risk Assessments and Regulations
- Discussion on taxpayer money and responsibilities regarding commercial development risk management.
- Importance of due diligence before development plans to identify risks.
- Clarification on compensation under the 1991 Act related to coal workings.
- Concerns about unapproved property extension and implications on safety.
- The role of local planning authorities in relation to permitted developments.
- Exploration of resources for information on non-coal mining workings.
Public Access and Resources
- π€ Public access to coal mining archives and photographs free of charge.
- Training tutorials available via QR codes for coal mining reports.
- New podcast series 'Confidence in the Coal Fields' for industry updates.
- Encouragement for surveyors to participate in podcasts.
- Coal Authority's responsibilities regarding old mine workings and building insurance effects.
- Importance of coal mining risk assessments in development planning.
Reassurance for Homeowners
- π‘ Mining legacy risks can seem intimidating but are often low.
- Letters of comfort help reassure buyers about the safety of properties.
- Data from historical archives is crucial for risk assessment.
- Coal Authority maintains extensive records dating back to when mining became regulated.
- Public access available to review the historical plans housed in their archive.
Challenges in Property Lending
- π‘ Concerns over mortgage lending on properties near mine entries.
- Feedback suggests properties near mine entries may only suit cash buyers.
- Many lenders rely on outdated policies regarding mining risks.
- Coal Authority emphasizes that unknown treatment does not mean mines are untreated.
- Example of a customer facing difficulties securing a mortgage due to misconceptions.
- Importance of clearer communication and information from the Coal Authority.
Coal Mining Report (CON 29M)
- π’π CON 29M report highlights coal mining risks for property transactions.
- Includes professional opinions and glossary of mining terms.
- Access to additional interpretive reports for established buildings.
- Emphasis on understanding risks in high-risk coal mining areas (15% of coal fields).
- Importance of coal mining risk assessments for planning applications.
- Coal Authority offers expert assistance in risk assessment processes.
Interactive Map Viewer
- πΊοΈ Introduction to the Coal Authority's interactive map viewer for accessing coal mining data.
- Users can search for specific locations and access various data layers.
- Different themes provide distinct sets of information regarding mining data.
- Planning theme shows areas affected by mining legacy issues.
- Coal mining data theme includes detailed information on underground workings.
- Abandoned mines catalog contains over 120,000 abandonment plans.
- Attributes vary between themes, offering detailed information.
Coal Authority's Role and Achievements
- Coal Authority's role in managing coal mining legacy and ensuring public safety.
- Collaboration with government departments to help create sustainable communities.
- 10,476 mine inspections carried out for public safety in the past year.
- Majority of coal mine entry liabilities fall to the Coal Authority.
- Small percentage of mine entries are close to residential properties; incidents are rare.
- Robust system for managing mining risks in development planning.
- Use of cutting-edge technology like 3D laser scanning for risk management.
Impact of Mine Entries on Conveyancing Market
- π Discussion on the significant impacts of mine entries on the conveyancing market.
- Overview of the Coal Authority's work across England, Scotland, and Wales.
- Common questions and myths surrounding mine entries.
- Introduction of tools like the interactive viewer for effective property handling.
- Engagement with lenders and explanation of comfort letters.
- Recent achievements and ongoing projects by the Coal Authority.
- Encouragement for audience interaction through Slido for real-time feedback.
Q&A
Why are risk assessments important for properties near shallow coal workings? π‘
Risk assessments are critical for understanding safety and regulatory compliance in properties near shallow coal workings. They help identify potential risks before development plans are made, ensuring due diligence and proper management of any costs related to commercial development in such areas.
What resources does the Coal Authority offer for public access? π€
The Coal Authority offers free public access to coal mining archives and photographs, as well as training tutorials via QR codes related to coal mining reports. They also host a podcast series called 'Confidence in the Coal Fields' for industry updates and guidance on mining regulations and site development.
How does the Coal Authority reassure homeowners about mining risks? π‘
The Coal Authority provides letters of comfort to reassure buyers about the safety of properties with mining history. They utilize historical data from extensive archives, including plans and subsidence claims, to inform and educate buyers and lenders about potential mine entries.
What challenges do lenders face regarding properties near mine entries? π‘
Lenders often have concerns about mortgage lending on properties close to mine entries due to outdated policies and misconceptions about mining risks. Feedback from estate agents suggests that properties in these areas may only appeal to cash buyers or could suffer significant market value reduction.
What is included in the CON 29M report? π
The CON 29M report provides crucial information on coal mining risks for property transactions. It highlights risk assessments, details on mine entries, professional opinions, a glossary of mining terms, and offers options for additional interpretive reports for established buildings in high-risk areas.
How can I access the Coal Authority's interactive map viewer? πΊοΈ
The interactive map viewer can be accessed online, allowing users to search specific locations and explore various data layers related to coal mining, including underground workings, planning themes, and details on abandoned mines. This tool assists in assessing mining conditions in specified areas.
What does the Coal Authority do to manage coal mining legacy? π’
The Coal Authority manages the legacy of coal mining by conducting inspections and providing safety reports. They carry out inspections to monitor mine entries and risks, collaborate with government departments for sustainable community development, and convert former coal mines into community assets.
What is the focus of the presentation by Lisa Conway and Steve Meredith? π
The presentation aims to discuss the significant impacts of mine entries on the conveyancing market. It is designed to enhance understanding and confidence among property professionals regarding the Coal Authority's work, showcasing case studies and introducing tools like their interactive viewer.
- 00:05Β Lisa Conway and Steve Meredith from the Coal Authority discuss the significant impacts of mine entries on the conveyancing market, aiming to enhance understanding and confidence among property professionals. The presentation will cover the Coal Authority's work, provide case studies, and introduce tools like their interactive viewer, along with opportunities for audience participation. π
- 07:28Β This segment discusses the Coal Authority's role in managing coal mining legacy, ensuring public safety, and converting former coal mines into community assets. They share statistics on mine inspections and incident rates, emphasizing their contribution to environmental and economic goals.
- 15:06Β Steve Meredith provides an overview of the Coal Authority's interactive map viewer, highlighting how to access and utilize various layers of coal mining data. This tool is helpful for assessing mining conditions in a specific area, including details about underground workings, planning themes, and abandoned mines. πΊοΈ
- 22:22Β The official coal mining report (CON 29M) provides essential information for property buyers on coal mining risks, helping them make informed decisions. Key sections include risk assessments, details on mine entries, and recommendations for further reports if needed. π’π
- 30:24Β The discussion highlights challenges in property lending related to mining areas, focusing on misconceptions about mine entries and the need for better information from the Coal Authority to inform decisions. π‘
- 38:06Β The speaker discusses the low risks associated with mining legacy and how they provide reassurance to homeowners through letters of comfort, utilizing historical data from extensive archives to educate buyers and lenders about potential mine entries. π‘
- 44:46Β The coal mining authority offers public access to archives and resources, including tutorials and podcasts aimed at helping professionals in the industry. They emphasize collaboration and provide guidance on mining regulations and site development. π€
- 51:48Β A discussion on risk assessments and regulations concerning properties near shallow coal workings ensures that buyer concerns about safety and regulatory compliance are addressed π‘.