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Buying or selling a property with an oil tank- Essential Guide

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Are you buying a property with a domestic oil storage tank, or maybe you already own a property fitted with one and are thinking about selling? If so, this article provides important information.

Essentially an oil storage tank is a container used to hold oil before it is used, for a domestic property the oil is generally used for heating the property.

It’s important to know and understand the type of tank and the pipework arrangement. Based on the location of tank and its use, it can be classified as a surface, above or underground tank. The materials used will depend on the intended use, the environment, safety, location, and other legal requirements.