Jo Morgan is a chartered legal executive and head of buy to let sector in the residential property team of Coodes Solicitors, based in Cornwall and Devon. She is also branch chairman for the Cornwall branch of legal executives
The new Flood Re scheme, covering insurance for properties at risk of flooding, is expected to come into force in July. Jo Morgan looks at recent developments to the scheme, and outlines practice points for practitioners
Insurance for properties at risk of flooding has been uncertain since the end of the ‘Statement of Principles’ last year. The new ‘Flood Re’ arrangement seems to offer light at the end of the tunnel, but, asks Jo Morgan , will it be fit for purpose?