The Newshound

One in seven mortgages in England are on homes in flood-risk areas, the City watchdog warns

Residential streets submerged by floodwater, as the Financial Conduct Authority warns millions of homeowners' biggest assets are at risk from rising flood danger.
Residential streets submerged by floodwater, as the Financial Conduct Authority warns millions of homeowners' biggest assets are at risk from rising flood danger.

The Financial Conduct Authority has looked at the relationship between flood risk and the mortgage market in England, finding that one in seven mortgage contracts are tied to homes in flood-risk areas.

The findings put millions of homeowners' biggest asset in the firing line of rising flood danger.

MoreLBCRegulator examines how flood risk relates to the mortgage market in EnglandMortgage StrategyOne in 7 mortgages are on homes in flood-risk areas: FCA - Mortgage StrategyThe IntermediaryOne in seven mortgage contracts linked to flood risk areas – FCA - The IntermediaryThe IndependentRegulator examines how flood risk relates to the mortgage market in EnglandEvening StandardRegulator examines how flood risk relates to the mortgage market in England
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