Mortgage valuation report forms and the identification of subsidence

Examines whether surveyors engaged in mortgage valuation inspections using questionnaire‐style report forms supplied by lending institutions are subject to an increased risk of liability in respect of identifying the present and future threat of subsidence to domestic properties. Analysis of the mortgage valuation report forms used by 34 different lending institutions showed that 20 per cent failed to ask any subsidence‐related questions, only 6 per cent asked about the geology or soil type of the site, and only 9 per cent asked about the location of trees relative to the building. Evaluation of the report forms showed that the type, quality and quantity of questioning were such that 24 out of the 34 were inadequate and unreliable, leaving the surveyor at an increased risk of litigation.