As we await the arrival of Storm Frank there is growing concern that flood related issues could focus future UK real estate investment on a smaller marketplace. When you see the sights of cities such as York literally underwater this does not give the best impression to real estate investors looking for long-term returns. If they can pretty much guarantee that over the next 20, 30 or 50 years there will be at least one major flooding of their property will they look elsewhere?
We only need to look at a city such as Carlisle with some residents now looking towards their third flooding in less than a month. When you bear in mind the additional cost, even if initially covered by insurance, this could decimate long-term returns.
More focused markets
It seems almost inevitable that markets will become more focused throughout the UK with investors looking to cross off areas of potential flooding from their list of investment targets. This will increase demand for a smaller group of properties and has the potential to add a significant premium to the cost of areas of the country with minimal or no flood risk. As unfair as this may sound, the fact is that investors may well be happy to pay a premium to alleviate flood related costs in the longer term.
Insurance companies
While we await the launch of a specific flood insurance company in the UK, which will be partly funded by the insurance industry and act like a type of collective risk vehicle, there is no doubt that costs for those at risk of flooding will increase. In years gone by the government passed regulations which effectively forced insurance companies to maintain insurance going forward even in the event of an increased risk of flooding. All the insurance companies did was increase premiums, while abiding by regulations, to such a level as they were either unaffordable or unrealistic for their customers.
Perceived risk
While it would be wrong to suggest that potential flooding issues have not been taken into account by property investors in years gone by, there is no doubt that these risks will be more prominent going forward. We will see an array of risk assessments for areas of the UK over the coming weeks, months and years and these will to a certain extent dictate the shape of the future UK property market. It is all good and well suggesting these flood related issues we see today happen very rarely but even once every 10, 20, 30 or 50 years could literally decimate the value of an investment.
Conclusion
The areas throughout the UK which are at increased risk of flooding in years to come could see reduced investment from property investors. We will also see flood risk premiums factored into investment return calculations which will focus more interest upon those areas at minimum risk of flooding. It will be interesting to see how the UK property market reacts to the ongoing flood issues and whether indeed we do see a very different shape in years to come.
Floods in some parts of UK in December 2015 is yet another instance to prove accuracy as also usefulness in the monumental predictions of this Vedic astrology writer in article – “Stressful times ahead for world economy in 2015 and 2016” – published in online magazine ( blog) astrologyweekly.com on 2 June 2014 , over 17 months from now. Readers may find that global economy was predicted to be impacted by one of the aspects of life obviously with negative consequence on economy was – “ Tsunamis in seas” which term also suggests heavy storm . Further , countries or regions likely to be impacted by the planetary energies or influences were pointed out with first letter with which its name begins. It was mentioned that “EU” which means one or more countries within European Union could be touched for impact. And within “EU” ( European Union ) , “E” which denotes England while “ U” means UK and “B” means Britain . There is no doubt about UK being covered in the prediction because within European Union , these symbolic details apply to UK alone. Thus UK or Britain are implied. As regards timing of tsunami or storm or heavy rains , these predictions from the article are more than clear:-
“ These influences can be read to mean that a mild slide downwards in world economy is likely to be seen after about October 2014. Unwelcome influences on the world economy around April and thereafter suggest that discernible concerns could surface around April 2015 and onwards. Definite rumbles of distress will be heard. However , a major cause of concern may arise during November 2015 to July 2016 when benign Jupiter may begin to have a scattered influence”.
The details in the prediction on record when pieced together lead to a clear and only destination –rains and floods in UK- during December 2015 having somewhat unkind impact on economy. It may , however , be said that these predictions indicative of likely trends not amounting to determinism are aimed at beforehand preparedness of the concerned people.
Floods in some parts of UK in December 2015 is yet another instance to prove accuracy as also usefulness in the monumental predictions of this Vedic astrology writer in article – “Stressful times ahead for world economy in 2015 and 2016” – published in online magazine ( blog) astrologyweekly.com on 2 June 2014 , over 17 months from now. Readers may find that global economy was predicted to be impacted by one of the aspects of life obviously with negative consequence on economy was – “ Tsunamis in seas” which term also suggests heavy storm . Further , countries or regions likely to be impacted by the planetary energies or influences were pointed out with first letter with which its name begins. It was mentioned that “EU” which means one or more countries within European Union could be touched for impact. And within “EU” ( European Union ) , “E” which denotes England while “ U” means UK and “B” means Britain . There is no doubt about UK being covered in the prediction because within European Union , these symbolic details apply to UK alone. Thus UK or Britain are implied. As regards timing of tsunami or storm or heavy rains , these predictions from the article are more than clear:-
“ These influences can be read to mean that a mild slide downwards in world economy is likely to be seen after about October 2014. Unwelcome influences on the world economy around April and thereafter suggest that discernible concerns could surface around April 2015 and onwards. Definite rumbles of distress will be heard. However , a major cause of concern may arise during November 2015 to July 2016 when benign Jupiter may begin to have a scattered influence”.
The details in the prediction on record when pieced together lead to a clear and only destination –rains and floods in UK- during December 2015 having somewhat unkind impact on economy. It may , however , be said that these predictions indicative of likely trends not amounting to determinism are aimed at beforehand preparedness of the concerned people.
Floods in some parts of UK in December 2015 is yet another instance to prove accuracy as also usefulness in the monumental predictions of this Vedic astrology writer in article – “Stressful times ahead for world economy in 2015 and 2016” – published in online magazine ( blog) astrologyweekly.com on 2 June 2014 , over 17 months from now. Readers may find that global economy was predicted to be impacted by one of the aspects of life obviously with negative consequence on economy was – “ Tsunamis in seas” which term also suggests heavy storm . Further , countries or regions likely to be impacted by the planetary energies or influences were pointed out with first letter with which its name begins. It was mentioned that “EU” which means one or more countries within European Union could be touched for impact. And within “EU” ( European Union ) , “E” which denotes England while “ U” means UK and “B” means Britain . There is no doubt about UK being covered in the prediction because within European Union , these symbolic details apply to UK alone. Thus UK or Britain are implied. As regards timing of tsunami or storm or heavy rains , these predictions from the article are more than clear:-
“ These influences can be read to mean that a mild slide downwards in world economy is likely to be seen after about October 2014. Unwelcome influences on the world economy around April and thereafter suggest that discernible concerns could surface around April 2015 and onwards. Definite rumbles of distress will be heard. However , a major cause of concern may arise during November 2015 to July 2016 when benign Jupiter may begin to have a scattered influence”.
The details in the prediction on record when pieced together lead to a clear and only destination –rains and floods in UK- during December 2015 having somewhat unkind impact on economy. It may , however , be said that these predictions indicative of likely trends not amounting to determinism are aimed at beforehand preparedness of the concerned people.
Floods in some parts of UK in December 2015 is yet another instance to prove accuracy as also usefulness in the monumental predictions of this Vedic astrology writer in article – “Stressful times ahead for world economy in 2015 and 2016” – published in online magazine ( blog) astrologyweekly.com on 2 June 2014 , over 17 months from now. Readers may find that global economy was predicted to be impacted by one of the aspects of life obviously with negative consequence on economy was – “ Tsunamis in seas” which term also suggests heavy storm . Further , countries or regions likely to be impacted by the planetary energies or influences were pointed out with first letter with which its name begins. It was mentioned that “EU” which means one or more countries within European Union could be touched for impact. And within “EU” ( European Union ) , “E” which denotes England while “ U” means UK and “B” means Britain . There is no doubt about UK being covered in the prediction because within European Union , these symbolic details apply to UK alone. Thus UK or Britain are implied. As regards timing of tsunami or storm or heavy rains , these predictions from the article are more than clear:-
“ These influences can be read to mean that a mild slide downwards in world economy is likely to be seen after about October 2014. Unwelcome influences on the world economy around April and thereafter suggest that discernible concerns could surface around April 2015 and onwards. Definite rumbles of distress will be heard. However , a major cause of concern may arise during November 2015 to July 2016 when benign Jupiter may begin to have a scattered influence”.
The details in the prediction on record when pieced together lead to a clear and only destination –rains and floods in UK- during December 2015 having somewhat unkind impact on economy. It may , however , be said that these predictions indicative of likely trends not amounting to determinism are aimed at beforehand preparedness of the concerned people.
Floods in some parts of UK in December 2015 is yet another instance to prove accuracy as also usefulness in the monumental predictions of this Vedic astrology writer in article – “Stressful times ahead for world economy in 2015 and 2016” – published in online magazine ( blog) astrologyweekly.com on 2 June 2014 , over 17 months from now. Readers may find that global economy was predicted to be impacted by one of the aspects of life obviously with negative consequence on economy was – “ Tsunamis in seas” which term also suggests heavy storm . Further , countries or regions likely to be impacted by the planetary energies or influences were pointed out with first letter with which its name begins. It was mentioned that “EU” which means one or more countries within European Union could be touched for impact. And within “EU” ( European Union ) , “E” which denotes England while “ U” means UK and “B” means Britain . There is no doubt about UK being covered in the prediction because within European Union , these symbolic details apply to UK alone. Thus UK or Britain are implied. As regards timing of tsunami or storm or heavy rains , these predictions from the article are more than clear:-
“ These influences can be read to mean that a mild slide downwards in world economy is likely to be seen after about October 2014. Unwelcome influences on the world economy around April and thereafter suggest that discernible concerns could surface around April 2015 and onwards. Definite rumbles of distress will be heard. However , a major cause of concern may arise during November 2015 to July 2016 when benign Jupiter may begin to have a scattered influence”.
The details in the prediction on record when pieced together lead to a clear and only destination –rains and floods in UK- during December 2015 having somewhat unkind impact on economy. It may , however , be said that these predictions indicative of likely trends not amounting to determinism are aimed at beforehand preparedness of the concerned people.