Plans for 'flood risk' symbols on homes prove controversial
The insurance industry has published three "flood risk" symbols it would like estate agents in England and Wales to put on their property particulars.
The Association of British Insurers (ABI) is proposing traffic light symbols in red, amber and green, to warn buyers about the flood dangers.
But estate agents say such symbols would stop buyers even looking at a property, so would block sales.
Around one in six properties would be labelled as either amber or red.
The ABI says the symbols would prompt buyers to investigate flood risks properly.
It claims that at the moment,... read more
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