Storm Desmond hits Cumbria

December 7, 2015

The weekend news for the UK has certainly been dominated by the affects of Storm Desmond, Cumbria appears to have come out the worse with torrential rain and rivers bursting their banks, a number of public events were cancelled across East lancashire due to the affects of flooding,  heavy rainfall and strong winds prompted the Environment Agency to issue advice across the region.

The affects of Storm desmond will be felt across Cumbria and beyond, it could not have come at a worse time just over two weeks before Christmas, for many local economies saying it is a disaster is an understatement, the Environment Agency issued 10 Flood Warnings and seven Flood Alerts across Lancashire.

Cumbria is an area of Britain which is known for its areas of outstanding beauty, the Lake District attracts enormous numbers of tourists each year, and is an area where many have second homes, the economy of the area depends greatly on tourism.

The housing market is not as robust as other regions of the UK, only just recently  the  latest official figures from the Land Registry were published, it stated that average price of homes sold in the county of Cumbria  fell by 0.3 per cent to £122,321 in October, whereas nationally house prices had been rising steadily.

The figures at least showed an increase in the number of homes being sold in Cumbria,an average of 748 homes changed hands each month between June and August, up from 720 a month in the same period last year.

Cumbria will need all the help it can get to recover from the after affects of the storm, fortunately as seen from pictures on TV this weekend the communities and the services were very supportive of each other, the Government will have to play its part and will need to take swift action in assisting local councils with funding to help them recover from what can only be termed as a tradegy for the people of the region.

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Estate Agent Talk

Hertfordshire emerges as strongest performing London commuter county

New research from UK Property Development reveals that while London property prices fell by more than -3% in the past year, prices in some of the capital’s surrounding counties have enjoyed positive growth, none more so than the premium commuter county of Hertfordshire.   In the past year, London’s average house price has fallen by…
Read More →
Estate Agent Talk

Second homes losing appeal among the rich

New Survey Reveals Ongoing Maintenance Is the Biggest Barrier to Second Home Ownership   62% say upkeep and hassle would stop them from buying a second home, even if money were no object   A new survey conducted by luxury co-ownership platform Equity Residences has revealed that the practical realities of owning a second home…
Read More →
Letting Agent Talk

How to build a property portfolio with buy-to-let mortgages

One of the reasons property is such a popular asset choice for investors is that you don’t need to invest all the money yourself; you can leverage funds from the bank. Here’s a very simplistic example of how borrowing via a buy-to-let (BTL) mortgage allows you to multiply your returns versus owning a property all-cash:…
Read More →
Home and Living

2026’s Fastest-Growing Bathroom Trend Is the Wet Room

“Wet rooms have become one of the standout bathroom upgrades of 2026, moving from luxury extra to everyday renovation choice as more homeowners prioritise space, style and easy cleaning. The momentum is only building as spa‑style bathrooms stay in demand.” “Wet rooms used to be a niche request,” says Ant Langston, Marketing Manager at Heat…
Read More →
Home and Living

Homebuyers could cut energy bills by £400 a year

As the energy price cap keeps rising, the latest research from Yopa reveals that buying a new-build home could save homebuyers as much as £450 a year on their energy bills. With the energy price cap forecast to increase again over the coming year, many households are preparing for further pressure on their finances as…
Read More →
Breaking News

Zoopla House Price Index Reaction

The latest index from Zoopla shows that: – First-time buyers are targeting homes worth £10,000 more than a year ago, with average prices up 4.3% to £254,750 – nearly 3x the rate of UK house price growth There are 6% fewer first time buyers in the market than this time last year, but those that…
Read More →