Flood risk

Property professionals need a knowledge of flooding and the sources and causes of flooding as this can affect the ability of residential property owners to obtain mortgage finance and insurance.

It impacts on land and property values, investment and planning decisions, and the nature of property development, refurbishment and protection schemes.

Flooding or a risk of flooding should be reported in an appropriate way at the appropriate time, such as during mortgage valuations and surveys.

This section is maintained by Alan Cripps, Associate Director of the Built Environment at RICS.