Storm Desmond hits Cumbria

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

can you drink tap water
Breaking News

Five heatwave home horrors that could stop your property from selling

The latest research from House Buyer Bureau has revealed the heatwave-related issues most likely to deter potential homebuyers during a viewing, with strong smells from drains and sewage ranking as the biggest turn-off, followed by excessive noise when windows are open and bad smells from bins or rubbish. House Buyer Bureau commissioned an independent survey of…
Read More
Surge in country and seaside property values
Breaking News

Air-conditioning searches double as 61% consider installing it

Searches for homes for sale on Rightmove with air conditioning have more than doubled this summer, up 104% compared with the same period last year New consumer research from Rightmove, the UK’s largest property platform, reveals that recent heatwaves are influencing how Brits think about their homes, with staying cool becoming a key priority: 61%…
Read More
Estate Agent Talk

Why Cases Stall in Summer and What Agents Can Do About It

By Cara Stanbridge, Head of Relationship Management at Nova Conveyancing Every year, we hear talk of the summer slowdown. But from what I see working closely with agents, conveyancers and clients, the issue isn’t usually a lack of activity. More often, it’s keeping transactions moving when everyone involved is juggling higher workloads, holidays and competing…
Read More
small house bird box
Breaking News

Britain’s property hotspots revealed

The Scottish city where houses sell fastest – and the town where it takes SIX TIMES as long to sell your home Homes in Glasgow sell three times faster than the UK average – making the Scottish city the fastest selling in Britain Wakefield is the slowest-selling city in Britain, with homes spending twice as…
Read More
Breaking News

Breaking Property News 13/8/26

Daily bite-sized proptech and property news in partnership with Proptech-X.   The average age of tenants living in shared houses in the UK is now 35   Thought leadership by Adam Pigott CEO of tlyfe (Openbrix)   “The headline figure that tenants are now in their mid 30’s and still have to share facilities, not even have the…
Read More
Breaking News

Stamp Duty receipts remain above pre-pandemic norms

The latest research from Yopa has revealed that, despite continued speculation surrounding a slowdown in the housing market, Stamp Duty Land Tax (SDLT) receipts remain comfortably above pre-pandemic levels, demonstrating the resilience of buyer activity in recent years. Yopa analysed monthly Stamp Duty Land Tax receipts published by HM Revenue & Customs between January 2018 and…
Read More