ClimateIndex will analyse and translate data concerning the risks climate change might pose to a property. 

The module will anticipate changes in physical risks posed by climate change such as flooding, ground subsidence, and coastal erosion.

It will provide an overall score for the effect on a property, assessing the risk over one, five and 30 years. 

It will be added to Groundsure’s main residential and environmental search reports. 

Groundsure chief executive Dan Montagnani says: “Thanks to the Bank of England, the Prudential Regulation Authority, forthcoming new guidance from the Law Society and lenders, property lawyers will soon be required to report on risks posed by climate change.”

“This is why we have developed ClimateIndex. It portrays data clearly and concisely, making it simple for property lawyers to advise clients on property transactions and allow people to make better decisions,” he adds.