Summary
Houses in high flood risk areas could be uninsurable. That's bad news for owners as its value could drop by 80%. This article provides the background.
 

Home Insurance. Flood Alert

James Braford 16/08/05  

The Royal Institution of Chartered Surveyors warns that if you can't get insurance for your house, you're in big trouble. Mortgage lenders won't lend on houses that are uninsurable and as a result its value could fall by up to 80%.
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