Floods of Tears – Don’t forget to check the risk of rising water when you invest in your BTL properties!

Floods of Tears – Don’t forget to check the risk of rising water when you invest in your BTL properties!
19th May 2006

With all the talk of hosepipe bans in the south east of the UK, it seems odd to be talking about the risks of flooding, writes David Lawrenson.

And yet it was not so long ago - in the autumn of 2000, in fact - that no fewer than 10,000 properties were flooded by storm and river flooding.

Incredibly, there are more than two million homes at risk from coastal or inland flooding, that's around 10% of all homes in the UK.

Around 400,000 of these homes are at a "very high risk of flooding" - that means people living there have greater than a 1.3% chance per year or an annual probability of 1-in-75 of waking up to water.

Climate Change Will Increase Flooding Risk

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