Warning over hidden flood risks
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The Zurich UK insurance firm claims 530,000 properties in England alone face a more extreme risk of flooding than official maps suggest.
It says that a home with what appears to be just a three per cent chance of flooding in any one year has in fact got up to a 63 per cent likelihood of being inundated over a typical 30 year mortgage.
It is important buyers don’t skip crucial checks to assess whether a home is in danger of flooding.
As surveys aren’t required to show the risks, the onus falls on buyers to find out whether a home lies in an area at risk of flooding. Buyers need to scrutinise the detail – or they could be hit by unexpected flooding.
At Flood Protection Solutions Ltd we are the industry leaders in assessing and mitigating flood risk. We offer a homebuyer report to place you in a fully informed position.
For most of us, buying a home will be the most expensive purchase we will ever make. It is therefore wise to fully understand the flood risk.
Holistic site assessments by qualified professionals, for those looking to mitigate risk.
If you require a flood risk assessment for your property, portfolio or project, Flood Protection Solutions have it covered. We have a team of leading flood consultants and Civil Engineers to provide the best advice to our customers.