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Lack of Adequate Flood Defences Could Put More Homeowners at Risk

Posted byTulloch Priest
Tulloch Priest
Founding Member of Priest Properties Ltd
User is currently offline
on Wednesday, 30 May 2012
in UK Property Market
The annual cost of flooding in the UK is nearly £1 billion, and many homeowners don't realise the problems of flooding can pose. Recent research shows there has been a lack of investment in flood defences, and the Environment Agency has said a major flooding event could cause damage of up to a quarter of a billion pounds, and it is predicting sea levels will rise by around 40 cm during the next 30 years due to climate change. If this threat materialises then it could significantly increase the number of homes at risk of flooding, and in 30 years’ time...

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