The Next Step for Flood Risk
Since launching our new FCI-JBA Specialist Flood Risk Services on 2nd March 2017, we’ve been gathering and incorporating feedback to refine the new value-added flood further action service for the benefit of our clients and their clients.
The new Specialist Flood Risk Services are one of the first next step solutions for flood risk to come to the market, combining our best available desktop flood risk information with JBA’s specialist flood consultancy to offer homebuyers and commercial purchasers affordable yet tailored next steps for flood risk.
Delivered in partnership with our trusted partner, JBA – a leader and recognised expert in the field of flood risk management, the Specialist Flood Risk Services define the risks associated with a property showing clear outcomes and recommendations if further steps are needed. The Report Review, which is the first of five options to choose from, takes a deeper dive into the flood risk data to provide a detailed analysis and therefore fully assess whether the flood risk issue should be of concern or not. As a result of the detailed analysis, the report will show one of two possible outcomes; ‘Reduced risk’ which will be reflected in the certificate issued and should suffice any lender or buyer concerns or a ‘Confirmed Risk with Next Steps’ which will clearly identify the level of risk with additional guidance from FCI-JBA as to which preventative actions clients should take. Each service option has in mind the need to help the homebuyer or commercial property purchaser overcome challenges which an identified flood risk can pose to a property transaction. The new services provide that extra peace of mind for clients as well as the potential to significantly lower, or identify minimal flood risk in 40% of cases.
As one of the market-leading environmental search provider’s, our products are services bring a fresh approach to the industry, our strong ethos is all about putting the customer first and the new Specialist Flood Risk Services are no different, each option is tailored to a range of different circumstances to ensure the client’s flood risk next steps are covered.
Geoff Offen, Managing Director of FCI comments on the success of the new services;
“With FCI Premium we set the benchmark for best value with one succinct complete product at the best price with the least time impact on conveyancers. We love innovation, so this time we’re absolutely delighted to provide the first affordable expert Report Review from JBA, the leading flood risk consultants, designed to free up many transactions in high flood risk situations, and focus any additional investigations to only where they’re really needed.”
“You have made something that could have been difficult and time consuming much less so. I’m sure this initiative will prove invaluable to many.”
– Phillipa Roberts, Homebuyer