Funding for flood protection products and services.
Preparing your property for flooding can limit the distress and damage caused by it, which means less costly repairs and less time out of your home or business premises.
The cost of purchasing and installing products to keep floodwater out of your property will depend on the size of your property and the type of flood you want to protect against.
For example, according to the Association of British Insurers, to protect your property against shallow flash floods could cost between £2,000 and £6,000. To keep water out during periods of prolonged flooding will take bigger changes and could cost between £20,000 and £40,000.
Things to consider if there is a high risk of flooding to your property
Funding for property level flood protection schemes is now carried out as part of the annual Flood and Coastal Erosion Risk Management allocation process using Partnership Funding. Note that individual property owners are not able to apply for the funding themselves. Property owners should contact their local authority or the Partnerships and Strategic Overview Team in their local Environment Agency office for more information on funding.
Contact your landlord if you’re a tenant, to discuss flood protection options and your willingness to put in place and maintain any barriers.
If your home or business has been flooded or you’re doing renovations, repair it so that it’s more resistant to flood damage. Speak to your insurance company about repairs that will reduce the damage from future flooding.
Check with your mortgage provider to see whether your mortgage can be extended to cover the cost of making your property more flood-proof (provided you have sufficient equity in your property).