Submitted by Alison Ford on 9th September 2014
To try and address some of the issues surrounding Flood Re, DEFRA launched a new consultation on 22 July 2014. The consultation responses will be vital to ascertaining whether Flood Re is genuinely viable and which properties it will cover. Responses to the consultation must be submitted by 16 September 2014.
For more information on the consultation see Squire Patton Boggs blog here.
Submitted by Billy Quills on 8th September 2014
Devon property with no flood risk was refused flood insurance
Recent news of a hillside home in picturesque Salcombe, on the Kingsbridge estuary in Devon, has once again raised the issue of flood insurance in the UK.
The story concerned a property owner whose elegant home stands halfway up a lush, tree-clad hillside overlooking the sea. Standing several tens of metres above sea level, it shares the location with several other attractive residential properties.