A not-for-profit group of government and insurance industry representatives wants a Flood Performance Certificate to be issued for every home.
The group, Flood Re, says the pandemic has dramatically changed what buyers look for in a home, prompting the likelihood of more house moves and therefore accelerating what it sees as the need for more flood information.
Flood Re wants the introduction of Flood Performance Certificates at the point of sale or rent of a property that could encourage more people to install property flood resilience measures and mitigate against future flood risk.
And it claims the overwhelming majority of prospective home movers back the introduction of a Flood Performance Certificate, with 81 per cent of people in a survey supporting the idea.
Flood Re says: “Much like an Energy Performance Certificate, the FPC would provide prospective buyers and renters with a clear overview of the flood risk posed to the property, including information on what measures have already been taken to protect the property from flooding and explaining what actions needs to be taken in order to further reduce that risk.”
“With increasing risks of flooding due to climate change, FPCs can provide peace of mind for families about their new home and act as a catalyst to encourage them to make changes to the property so it is more resilient to flooding. They are a real positive step towards building a more resilient housing stock in the UK” claims Andy Bord, Flood Re’s chief executive.
“Nobody can stop the rain from falling, but we can all be better prepared for when it arrives. Building a more resilient and flood prepared nation is a goal we can realise through working together and I would urge the UK government to look seriously at how FPCs can help them achieve this ambition” he continues.
The survey undertaken by Flood Re claims that 55 per cent of households are looking to move home at some point in the near future, with over a quarter looking to move in the next three years.
Four in five people believe flood risk is an important consideration and it would make them less likely to buy or rent a property.