Providing Climate Risk Guidance to your Client
What is ClimateIndex™?
ClimateIndex™ is a weighted sum model that gives an overall score for physical climate impacts to a property. It projects changes in physical risks from flooding, natural ground instability and coastal erosion. It also provides a rating of future climate risk of the property, based on Bank of England/PRA guidelines.
ClimateIndex™ gives an explanation of the variance between these ratings, to show the change between time periods. It also provides a property level assessment and access to further guidance and support on how to advise your client.
How does ClimateIndex™ work?
Here is Jess Sutcliffe, Product Manager who explains how ClimateIndex™ works in more detail, why we have developed it and how it can help your clients consider climate risk in the transaction.
What reports include ClimateIndex™ at no extra cost
Avista
The most comprehensive environmental search report available – now with ClimateIndex™
Homebuyers
Homebuyers ensures you comply with Law Society practice notes for contaminated land and flooding, separate guidance on ground stability, as well as being compliance-ready for future lender reporting requirements on climate risk with ClimateIndex™.
Screening
Screening covers contaminated land, flood, ground stability, radon and energy risks for less complex commercial property transactions. Written and reviewed by our in-house team of environmental consultants who can be contacted in the event of a query.
Review
Expert Analysis for Commercial Property Transactions – now with ClimateIndex™
ClimateIndex™ FAQs
We have produced a detailed and handy guide to ClimateIndex™ by answering some of the typical questions that conveyancers have about the analysis module.
DownloadUse our Client Care Clauses Today
Following the Stephen Tromans KC legal opinion and the publication of the Law Society Guidance on Climate Risks, it is important that conveyancers feel armed with the tools to be able to translate the results from our ClimateIndex™ analysis to actionable advice.
We have developed specific clauses that you can insert into your client advisory and Report on Title to lenders, to make the process as smooth as possible.
Our recent Climate Change videos
Climate Change - What Conveyancers & Real Estate Lawyers can do for clients.
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Climate Change: what it means for UK conveyancers
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