Private sector tenants could be left homeless as a result
of a decision by the government not to include rented properties in its flood
insurance cap scheme, the Residential Landlords Association (RLA) has warned. The
Flood Re Scheme will come into force next year and will cap the insurance of
home owners in flood-prone areas at up to £540 a year, varying by council tax
band. This will be paid for through a levy of around £10.50 on all household premiums
across the country. This policy will, the RLA argues, lead to tenants affected
by flooding becoming homeless as landlords will struggle to afford the
insurance needed to provide for alternative accommodation. Read more on the RLA
website.
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