Land Use Change Statistics: Homebuyers need to be more aware of new build risks
As it has been revealed by the Ministry of Communities, Housing and Local Government that more UK homes are being built in areas of increased flood risk or on brownfield land, Geoff Offen, Managing Director at Future Climate Info, reminds buyers to keep these risks in mind when buying a new build property:
“While the national housing shortage compels us to seek out more land across England and Wales to build homes upon, buyers of these new properties must be aware of the risks their new bricks and mortar face. The government notes more than one in ten new homes in 2016-2017 were built on sea or river flood plains which are prone to flooding. But with more granular information available, it’s possible that even more homes may be susceptible to flooding. Our data shows that around one in seven homes in 2016-2017 were at risk of flooding, a figure that climbs to one in three in some urban areas*.
“As we build, more secrets beneath our feet may become apparent too late. According to government figures, nearly half of new build properties were built on previously developed land in 2016-17, which means these homes could lie on contaminated land, unstable ground or in areas that exceed legal air quality levels. Homebuyers will only become aware of all risks by assessing an environmental report and then following its advice.
“The risks of flooding, subsidence, sink holes and contaminated soil can all leave unprepared homeowners out of pocket every year. It’s crucial that all homebuyers are informed, prepared and aware of the risks around them.”
Kindly shared by Future Climate Info