Many buyers are concerned about buying a property that is in a high-risk flood area, but this doesn't mean you can't sell your home.
Selling a property in a known flood-risk area can be difficult. Many are concerned about investing in a property where they may struggle to get a mortgage or sufficient home insurance because it's deemed to be too high-risk.
It's also a possibility that insurance may carry a high premium to compensate for the property's location.
Preparing for a flood is key. If you know you live in a high-risk area then there are a few things you can do to protect yourself, your possessions and your property:
Sign up for free flood warnings via phone, email or text
Make sure you’re aware of what to do if a flood occurs – turn off amenities, move family and pets to safety, pack a bag with clothes, medicine, and important documentation
Have the correct insurance in place
Get specialists to make changes to your property that will withstand any future flooding – tiles instead of carpets, plug sockets higher up the wall, flood barriers and non-return valves
Making changes to your property can be costly. If you’ve experienced a flood or are concerned about the cost implications of any future flooding then we can buy your property.
Our team of specialists will repair any damage or put preventative measures in place before selling the property on.
As you may expect we won’t be able to offer you the full price of your property, but we will offer you a fair price, which is something we do for all of our customers. We also cover all legal fees. This means that the price we offer you is the price you will receive so you can move on from the stress of a flood-risk property with a cash sum and the chance of a fresh start.