Storms Eva and Frank

David Cameron pledges a £40m package to fix Britain’s flood defences in areas devastated by storms before and over Chrsitmas, he made this committment following his personal visit to see the damage caused by the storms, Lib Dem leader Tim Farron and shadow environment secretary Kerry McCarthy both criticised the pledge as too little too late.

The Prime Minister reportedly commented on the situation by saying, “I have seen at first-hand the devastation caused by flooding,  that’s why this work to repair and improve flood defences is so vital.

“We are already spending £280m over the next six years to protect thousands of houses from flooding in Yorkshire as part of our £2.3bn investment to protect 300,000 houses across the country. But now more than £40m will be spent to fix those defences overwhelmed by the record rainfall we’ve seen in recent weeks and to make them more resilient to further bad weather.”

The funding comes at the same time it reportedly  emerged documents were shown to ministers in November warning that with extreme weather events becoming more frequent and unpredictable  a long-term approach was needed for flood spending.

As Estate Agents are already faced with a shortage of properties on their books,  those in the areas and surrounding areas affected by the floods now have this problem to contend with,  2016 has not got off to the best of starts for them so far, lets really hope the severe weather subsides and that they get back to normal as soon as possible.

The Met Office has issued severe weather warnings for rain  with a more severe amber alert in Scotland. The Environment Agency (EA)  has issued more than 100 flood alerts and 22 more serious flood warnings across the entire country. The Scottish Environment Protection Agency (SEPA) has 23 flood warnings and three alerts in place over the coming days.

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

small house bird box
Breaking News

UK First Time Buyers better off than many other global nations

Is it really that bad being a first-time buyer? UK better off than many other global nations when it comes to affordability The latest market analysis from Yopa, the full-service estate agents, reveals that first-time buyers (FTBs) in the UK may be paying 63% more to get a foot on the property ladder than they…
Read More
new build homes colchester essex
Breaking News

Building Safety Regulator Reform

The Government has announced reforms to the Building Safety Regulator, including leadership, process and investment. The changes are hoped to deliver 1.5 million homes. The reforms pave the way for creation of a single construction safety regulator, as recommended by the Grenfell Tower enquiry. David Smith, property litigation partner at London law firm Spector Constant…
Read More
Breaking News

New anti-money laundering rules now in effect: what landlords need to know

New anti-money laundering (AML) rules came into effect this month, marking a significant change for landlords and the lettings industry as a whole. The new rules mean financial sanctions checks are now required for all lettings, regardless of how much rent is charged. Here, Steve Bond, managing director of residential lettings for Beresfords, explains what…
Read More
Breaking News

What landlords need to know about the upcoming Renters Rights Bill

The government’s long-awaited Renters Rights Bill is one of the most significant overhauls of the private rental sector in decades. While it has not yet received royal assent, the legislation is expected to come into effect late this year, or early in 2026. With the bill moving closer to becoming law, Steven Bond, managing director…
Read More
Breaking News

Mortgage approvals bounce back in May

The latest figures show that: – Mortgage approvals on house purchases for May sat at 63,032 up 3.9% from 60,656 in April. The monthly increase seen in May marks the end of four months of previous decline, with approval levels having fallen each month since January of this year. Approvals are also 2.5% higher than…
Read More
Breaking News

Money and Credit – May 2025

Key points: Net borrowing of mortgage debt by individuals increased by £2.8 billion to £2.1 billion in May, following a large decrease in net borrowing of £13.8 billion to -£0.8 billion in April. Net mortgage approvals for house purchases increased by 2,400 to 63,000 in May. Approvals for remortgaging also increased by 6,200 to 41,500…
Read More