interestrateripoff Posted December 28, 2015 Share Posted December 28, 2015 http://www.theguardian.com/environment/live/2015/dec/28/uk-floods-thousands-evacuated-after-unprecedented-crisis UK floods: people told to waterproof their homes because of increase in 'unknown extremes'David Cameron to visit stricken areas across north of England ‘Complete rethink’ of UK’s flood preparations needed Failed defences cast doubt on Britain’s readiness for new weather era Extra 1,000 soldiers on standby with 27 flood warnings in force Won't water proofing increase damp inside the home? Outbreaks of mould everywhere? Quote Link to comment Share on other sites More sharing options...
ingermany Posted December 28, 2015 Share Posted December 28, 2015 http://www.theguardian.com/environment/live/2015/dec/28/uk-floods-thousands-evacuated-after-unprecedented-crisis Won't water proofing increase damp inside the home? Outbreaks of mould everywhere? I think you would waterproof the bottom and ventilate the top. Just a guess though. Quote Link to comment Share on other sites More sharing options...
Errol Posted December 28, 2015 Share Posted December 28, 2015 Probably better just to move house. Quote Link to comment Share on other sites More sharing options...
SarahBell Posted December 28, 2015 Share Posted December 28, 2015 http://www.dailymail.co.uk/news/article-3375775/Why-did-open-barrier-Anger-hundreds-homes-engulfed-York-city-left-exposed.html "Linda Horsman, 64, who owns two flats in the flood zone with husband Paul, 68, said of the barrier failure: 'It's stupid and it makes me very angry. We are now having to face the consequences.'" Quote Link to comment Share on other sites More sharing options...
spyguy Posted December 28, 2015 Share Posted December 28, 2015 "Linda Horsman, 64, who owns two flats in the flood zone with husband Paul, 68, said of the barrier failure: 'It's stupid and it makes me very angry. We are now having to face the consequences.'" https://beta.companieshouse.gov.uk/officers/n0x0nADF-NQHx3izX-9eCJVQha4/appointments Quote Link to comment Share on other sites More sharing options...
ingermany Posted December 28, 2015 Share Posted December 28, 2015 https://beta.companieshouse.gov.uk/officers/n0x0nADF-NQHx3izX-9eCJVQha4/appointments There's a German word for that. https://en.wikipedia.org/wiki/Schadenfreude Quote Link to comment Share on other sites More sharing options...
CunningPlan Posted December 28, 2015 Share Posted December 28, 2015 Watching the news it is good to see all the communities pulling together. I assume they are mainly OOs. I guess a street full of renters would just pack there own stuff and decamp to a hotel leaving the property to fend for itself. Guessing that a lot of affected property must be recent builds since they are more likely to be on flood plain and therefore also more likely to be BTL. Must be a bit of a headache if you are a LL and suddenly have 10 flooded properties and no chance of any rental income for a few months. Does anyone close to the area know if high density BTL developments have been affected? Quote Link to comment Share on other sites More sharing options...
SarahBell Posted December 28, 2015 Share Posted December 28, 2015 http://www.bbc.co.uk/news/uk-35188146UK floods: 'Complete rethink' needed on flood defences - EAAsked if the UK needed a new response to flooding, he said: "I think we will need to have that complete rethink and I think we will need to move from not just providing better defences - and we've got a £2.3bn programme to do that over the next six years - but also looking at increasing resilience." This would mean "when properties do flood, that they have solid floors, waterproof plaster, more electrics up the wall - so that people can get into their houses and businesses more quickly".The UK needed to "continue to improve our flood warning systems, so in the event of defences overtopping people have time to take action and we can save lives", Mr Rooke added. Quote Link to comment Share on other sites More sharing options...
SpectrumFX Posted December 28, 2015 Share Posted December 28, 2015 The size of investment needed to make any meaningful difference is huge, and we just do not have the engineering skill base to complete the work. Cheaper to finance a flood compensation scheme via a land value tax on all homeowners. Even cheaper to not pay compensation at all. I tell you what, I've made a few bad investment decisions over the years, any chance of a compensation scheme to refund my losses? People only buy these flood prone houses on the basis that their losses will be made whole if TSHTF. If we stop forcing insurance companies to provide cover for flood prone property it will become unmortgageable and drastically drop in price. Quote Link to comment Share on other sites More sharing options...
winkie Posted December 28, 2015 Share Posted December 28, 2015 People buy value for money homes near eroding cliffs, people buy places with short leases, people rent.....'all the same......excellent value for money because of the high risk and or only required for the short term...... Quote Link to comment Share on other sites More sharing options...
Bear Hug Posted December 28, 2015 Share Posted December 28, 2015 On a positive note - renting is not such a bad deal compared to buying when things get flooded. Just what are landlord's obligations if the accommodation is flooded. Alternative accommodation to provide? No rent to pay for the uninhabitable period? No point reading tenancy agreement - probably states whatever happens, it's tenants' fault and they have to give their first-born to landlord to compensate. Quote Link to comment Share on other sites More sharing options...
stormymonday_2011 Posted December 28, 2015 Share Posted December 28, 2015 On a positive note - renting is not such a bad deal compared to buying when things get flooded. Just what are landlord's obligations if the accommodation is flooded. Alternative accommodation to provide? No rent to pay for the uninhabitable period? No point reading tenancy agreement - probably states whatever happens, it's tenants' fault and they have to give their first-born to landlord to compensate. Whatever short term losses and inconvenience most UK tenants suffer from flooding will pale into insignificance to the hit a landlord is going to take. Quote Link to comment Share on other sites More sharing options...
Errol Posted December 28, 2015 Share Posted December 28, 2015 (edited) Anyone who didn't have house insurance should get nothing; apart from basic charity (food, drink, a bed). No compensation. They made their choice to not get insurance and now they should suffer the consequences. Edited December 28, 2015 by Errol Quote Link to comment Share on other sites More sharing options...
winkie Posted December 28, 2015 Share Posted December 28, 2015 Anyone who didn't have house insurance should get nothing; apart from basic charity (food, drink, a bed). No compensation. They made their choice to not get insurance and now they should suffer the consequences. They may have insurance, but it is the excess that counts....far to high to make a claim. Quote Link to comment Share on other sites More sharing options...
workingpoor Posted December 28, 2015 Share Posted December 28, 2015 The big Pub building built on a bridge over a river in Mythlemroyd that collapsed was owned by a "London Based Property Developer" He didn't have flood insurance and reckons he's lost £2 million. He had just finished a £70,000 refurbishment on the property. A flipper? Quote Link to comment Share on other sites More sharing options...
Saving For a Space Ship Posted December 28, 2015 Author Share Posted December 28, 2015 The big Pub building built on a bridge over a river in Mythlemroyd that collapsed was owned by a "London Based Property Developer" He didn't have flood insurance and reckons he's lost £2 million. He had just finished a £70,000 refurbishment on the property. A flipper? Flippers in there now .. Quote Link to comment Share on other sites More sharing options...
winkie Posted December 28, 2015 Share Posted December 28, 2015 Flippers in there now .. Quote Link to comment Share on other sites More sharing options...
Cosmic Apple Posted December 28, 2015 Share Posted December 28, 2015 The big Pub building built on a bridge over a river in Mythlemroyd that collapsed was owned by a "London Based Property Developer" He didn't have flood insurance and reckons he's lost £2 million. He had just finished a £70,000 refurbishment on the property. A flipper? Got a link? The only pub collapse I can find is Manchester. Mytholmroyd is just down the road so curious Quote Link to comment Share on other sites More sharing options...
workingpoor Posted December 28, 2015 Share Posted December 28, 2015 (edited) Got a link? The only pub collapse I can find is Manchester. Mytholmroyd is just down the road so curious Sorry it was at Sumerseat Bury not Mytholmroydmust have read it on the Mytholmroyd article Link: http://uk.jakophite.com/what-a-change-a-day-makes-outrage-in-the-metropolis-which-was-and-39-abandoned-to-floodingand-39-and-advised-it-was-too-small-to-have-defences-News@5096.html#sthash.evfHvQ3J.dpbs Edited December 28, 2015 by workingpoor Quote Link to comment Share on other sites More sharing options...
Bear Hug Posted December 28, 2015 Share Posted December 28, 2015 The developer: http://www.dailymail.co.uk/tvshowbiz/article-2931689/Desi-Rascals-hunk-Owais-Khan-slams-reality-TV-rival-Spencer-Matthews.html Quote Link to comment Share on other sites More sharing options...
ingermany Posted December 28, 2015 Share Posted December 28, 2015 (edited) Even cheaper to not pay compensation at all. I tell you what, I've made a few bad investment decisions over the years, any chance of a compensation scheme to refund my losses? People only buy these flood prone houses on the basis that their losses will be made whole if TSHTF. If we stop forcing insurance companies to provide cover for flood prone property it will become unmortgageable and drastically drop in price. Are you suggesting that market forces should determine property prices? Burn the heretic. Last time it nearly happened UK government found £1200 billion and spent it within weeks to prop up the market. The odd 5 billion to reassure those with flooded properties is small change. My point was that this aid should come from a tax on property ownership, as it is exclusively for the benefit of home owners. Edited December 28, 2015 by ingermany Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted December 29, 2015 Share Posted December 29, 2015 More misery on way as Storm Frank set to batter the north - but Environment Agency boss is 'sunning himself in Barbados' Flood-hit communities are forced to batten down the hatches again, as cost of widespread flooding expected to reach £5bn - follow the latest updates Severe floods hit the North of England, in pictures York floods: Why did the Foss Barrier fail? The environment agency boss to face the wrath of the press? Quote Link to comment Share on other sites More sharing options...
Kurt Barlow Posted December 29, 2015 Share Posted December 29, 2015 January 2014 http://www.bbc.com/news/uk-25864631 Quote Link to comment Share on other sites More sharing options...
Snugglybear Posted December 29, 2015 Share Posted December 29, 2015 More misery on way as Storm Frank set to batter the north - but Environment Agency boss is 'sunning himself in Barbados' Flood-hit communities are forced to batten down the hatches again, as cost of widespread flooding expected to reach £5bn - follow the latest updates Severe floods hit the North of England, in pictures York floods: Why did the Foss Barrier fail? The environment agency boss to face the wrath of the press? I imagine the Environment Agency boss has the requisite ducks in a row. Central Government cuts to funding for flood defences and environmental work. Decisions to build on flood plains, sometimes in the teeth of EA objections Flood defences being built to withstand the rainfall and flood figures of the past And so on. Quote Link to comment Share on other sites More sharing options...
R K Posted December 29, 2015 Share Posted December 29, 2015 Ben Chu @BenChu_ 1h1 hour ago That 20% real cut in government funding for flood defences clear from this table. Source: http://researchbriefings.parliament.uk/ResearchBriefing/Summary/SN05755#fullreport … Quote Link to comment Share on other sites More sharing options...
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