Quarter of houses at risk from floods
NEW warnings have been issued about properties that could be uninsurable and un-mortgageable due to risk of flooding.
This follows a report from a group of MPS into the state of Britain’s flood defences.
One-quarter of properties in the UK are at risk of flooding and the Association of British Insurers warned that up to 200,000 homes will face insurance problems.
It said that Boston, Skegness and the Vale of Clwyd were most at risk, followed by Folkestone and Hythe, Windsor and Runnymede, and Weybridge.
The ABI also repeated warnings that a pact with the Department for Environment Food and Rural Affairs will end next year – which will start to affect home owners from the end of June.