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

Breaking News

Residential projects remain under pressure

Infrastructure keeps UK construction moving through a sluggish spell Residential and non-residential projects remain under pressure, while infrastructure and utilities work give the industry a much-needed lift The value of underlying work starting on-site during the latest three months declined 2% and stood 18% below last year’s levels. Residential construction starts fell 8% against the…
Read More →
Breaking News

Homebuyers hold tight ahead of Autumn Budget

but should they wait to make their move?   The latest research from Yopa has revealed that mortgage market activity has reversed in recent months, with approvals falling at an average monthly rate of 3.9% over the last four months, having previously increased by an average of 1.5% per month over the previous four months, suggesting…
Read More →
Breaking News

House price growth accelerates in Q2

The latest Property Market Index Review by London lettings and estate agent, Benham and Reeves, has revealed that the property market continued to build momentum during the second quarter of 2026, with UK house prices increasing by 1.1%, while London recorded a second consecutive quarter of positive growth.   The Benham and Reeves Market Index Review…
Read More →
Breaking News

House prices hold steady despite impact of higher interest rates

House prices were unchanged in September (0.0%), following a -0.3% fall in August The average property price is now £298,441, compared to £298,395 in August Prices were also unchanged annually (0.0%) compared with September last year Northern Ireland continues to lead UK annual growth, at +7.4% Latest first-time buyer prices reveal what a 2.5% deposit…
Read More →
Breaking News

Breaking Property News 5/10/26

Daily bite-sized proptech and property news in partnership with Proptech-X. Architect-founded KnowYourNest brings property scores into the home search, with a free 1–10 score and full KnowYourNest reports from £9.95 By Author Andrew Stanton CEO Proptech-PR NestLink today launches free NestScore checks and KnowYourNest property intelligence reports for buyers and homeowners across England and Wales.…
Read More →
Breaking News

Gap between house prices and earnings narrows

Gap between house prices and earnings narrows – but higher borrowing costs limit affordability gains UK’s house price to income ratio falls from 7.6 to 7.3, an 11-year low, as earnings continue to outpace house price growth For first-time buyers, homes now cost less than six times earnings, falling from 6.1 to 5.9 However, monthly…
Read More →