A poll of conveyancers suggests that the vast majority believe environmental searches to identify the risk of flooding will become standard for house purchases.
A survey by a search provider suggests that 75 per cent of conveyancers now believe detailed checks on flood risks will become a default search prior to purchase. Only 11 per cent believe it will not, with the remaining 14 per cent unsure.
SearchFlow - the operator which commissioned the research - claims that since the most recent Christmas floods there has been a 10 per cent increase in flood reports commissioned by purchasers.
A survey carried out by What Mortgage says 82 per cent of home buyers state they would definitely be deterred from buying a property if they were told that it was in a flood risk area; 16 per cent are unsure and only two per cent are apparently undeterred.