Tag Archives: flood insurance

Planners, Developers & Architects should be held legally liable when family homes are flooded !!

In August 2012, Professor David Crichton, an expert on ‘Flooding issues’,  updated his earlier academic paper stating that England should copy Scotland in flood risk prevention.  He calls for planners, developers and architects to be “legally liable when people are flooded” this he says is a way of preventing further high risk flood zone and flood plain development. Continue reading

Homeowners in the highest flood risk properties could lose their insurance

13 June 2012 “This is Money” report says “As flooding hits Britain again, homeowners face big bills and a timebomb ticking for future insurance cover. Already some customers are finding they are being quoted huge flood excesses of as much as £10,000 and extremely costly premiums”. Continue reading

River Ehen bank erosion at Egremont

£90,000 campaign launched to save Egremont Dale View Gardens estate from River Ehen. A campaign has been launched to raise £90,000 to protect a cliff side housing estate at risk from erosion. Act now: ’You just have to look a mile down the river at Rothersyke to see how bad the situation can get’. Continue reading

Mortgage lenders join call for clarity on flood insurance

Mortgage lenders join call for clarity on flood insurance

3 May 2012 |By Newsdesk

Affordable insurance ‘key to stable housing market’ says lenders’ association

The Council of Mortgage Lenders (CML) has added its voice to the call for greater clarity on future availability of flood insurance in risky areas. Continue reading

Is it Possible to Have Sustainable Flood Insurance without Sustainable Flood Risk Management?

Like Ireland and Queensland, England has yet to adopt sustainable flood management practices on any large scale. Indeed land use planning is becoming less regulated and is likely to result in even more inappropriate development in flood hazard areas under the new National Planning Framework: says Professor David Crichton MA(Hons), FCII..Chartered Insurance Practitioner. Continue reading

Social justice and the future of flood insurance

Joseph Rowntree Foundation says: Catastrophic flooding events have become increasingly frequent in the UK and, with climate change, are likely to become even more frequent in the future. Page 13 of this document states: In England roughly 10 per cent of new build is in flood plain. In contrast, in Scotland there has been no new build in flood plain since 1995. The extent of new build in flood plains in England, in particular, (see Table 1) and the absence of regulations on flood resilience in building raise serious problems.

Governments Response to Pitts Review summer 2007 Floods – 2012 Final Report

Pitt says in 2007: There should be a presumption against building in high flood risk areas

Government says 2012: Government continues to recognise the importance of preventing unnecessary building in areas of flood risk and that new development that does take place should be safe and not increase flood risk. Continue reading

Government may now be unable to complete flood infrastructure

The UK has suffered the driest 18 months since records and with the south east and east Anglia already officially in a state of drought the Association of British Insurers (ABI) is warning home owners to be aware of the risk of subsidence.

Additionally the government may now be unable to complete the necessary flood infrastructure due to lack of funds which will make it difficult for owners to purchase insurance cover if the government fails to build flood-control infrastructure.. Continue reading

Homeowners have sinking feeling

Flood insurance uncertainty gives businesses and homeowners sinking feeling; Businesses and homeowners seeking flood insurance could face greater uncertainty and prohibitively expensive insurance premiums in just four months’ time, experts will warn today. Continue reading

High-Risk Stakes on Flood Insurance

Flooding is the biggest environmental threat facing the UK, according to Defra chief Scientist Sir Bob Watson. The risks of flooding are projected in increase significantly across the UK. The landmark Climate Change Risk Assessment, published earlier this year, set out a clear case on the scale of the risk facing the UK from climate change and increasing flood risk. This is not news to the many communities already facing heightened risk from flooding. Full article 08/03/2012

Catastrophic losses possible says Joseph Rowntree Foundation

Joseph Rowntree Foundation says on 07 March 2012: Flood insurance changes could bring ‘catastrophic losses’

As early as next year (2013), up to 200,000 homes in the UK could find themselves effectively uninsurable against the risk of flood. Continue reading

Councils MUST Stop Foolish Housing Developments in High Flood Risk Area says Insurers

BBC News 27 February 2012: Nick Starling, Director of the Association of British Insurers, said members were determined that flood insurance remained as “widely available and competitively priced” as possible but local authorities need to ensure that there is no more foolish housing development in high flood risk areas. Up to 200,000 homes could struggle to get insurance against flooding next year, according to council leaders.The Local Government Association (LGA) wants to replace a soon-to-expire ‘safety net’ covering flood-risk areas. Continue reading

Don’t Build on Flood Zone says Environment Agency

The Environment Agency being the British Government body required to control, monitor and advice on all matters affecting ‘Floods’ says : Get the location of new housing right: We need to avoid building homes in places where we will regret doing so, such as in areas at risk of flood. Continue reading

Uninsurable, Unmortgageable and Unsellable Homes

Families living in flood-risk areas could be left with uninsurable and unsellable home:  The town of Morpeth in Northumberland faced massive flooding in 2008, hitting 950 homes. Alan Bell, chairman of the Morpeth Flood Action Group, says many locals have been unable to sell their homes because they cannot get affordable home insurance. Continue reading

Flood damage costs between £20,000 and £40,000+

Moneywise reveals the 10 most common problems that are likely to impact the value of your home.

LIVING ON A FLOOD PLAIN is number three only being beaten by ANTI-SOCIAL NEIGHBOURS and ILLEGAL HOME ‘IMPROVEMENTS’ and will cost between £20,000.00 to £40,000.00. Continue reading

Jamie Reed M.P. fears communities becoming not just uninsurable, but unmortgageable

Copeland MP Jamie Reed, Labour’s shadow floods minister says, “Cancelled flood defence schemes and changes to flood insurance are causing communities up and down the country to begin to fear for the future. The fear among many is that Government action will lead to whole communities becoming not just uninsurable, but unmortgageable. Continue reading