Flood risk homes left high and dry?

The Times, 27 March, p15: MPs warn that homeowners could be left with properties that are impossible to insure, mortgage or sell, when a flood insurance deal expires at the end of June. More than two years of talks have failed to secure a new deal between the government and insurance companies to ensure that home insurance premiums in high-risk areas are affordable.

At the same time, the Environment Agency’s budget for flood defences has been cut from £68m to £39m.

Sounds like a really good time to be planning housing developments on a high-risk flood plain such as the land around Faversham Creek.

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One thought on “Flood risk homes left high and dry?

  1. Nathalie Banaigs

    How clear is the situation about this in Faversham. Can houses be allowed to be built along the creek? Will they get insurances?

    Reply

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