Insurers may refuse to insure homes built on flood plains

Interesting interview from the Today programme on Radio 4 this morning to be found

here

(at least for a little while).

Essentially, the Association of British Insurers (ABI) is unhappy that some homes are built on flood plains against the advice of the Environment Agency (it should be said here that the original Liatris scheme with the monsoon drain through the regeneration site WAS given Environment Agency approval).

However, the head of the ABI went on to say that homes that are built on flood plains today may be considered safe for a little while but when the effects of climate change (more water, raised sea level) are taken into account building on flood plains may not make sense.

There was a plea for "sustainable urban drainage" (planning for where water which would normally go on a flood plain will go if it is built on) and for buildings on flood plains to be more resiliant.

Fortunately, Tesco and Sainsbury claim to be a responsible developers and will no doubt take such things into account when putting in their competing bids on the site.