Insurance provider Direct Line for Business has offered landlord advice as part of its research into the impact of flooding on property investors, sole traders and small businesses.

Surveys were conducted among those groups, with the findings collated to issue the business guidance and landlord advice.

Direct Line for Business found that, in three regions, more than a fifth of respondents were affected by flooding last year.

These were the north-east and East Midlands at rates of 21 per cent each and Wales, the worst-hit area at a flooding rate of 23 per cent.

Nationwide, more than a tenth of those surveyed had suffered flooding, equalling 11 per cent of respondents overall.

"Flooding poses an increasing threat to all businesses and householders, as last year's storms and severe weather have demonstrated,"observes spokesperson Kate Syred.

The findings follow previous suggestions from Direct Line that homeowners and tenants should take out contents insurance as around 800,000 robberies are likely to take place during the summer holiday season.

Written by Sarah FieldADNFCR-2002-ID-19272108-ADNFCR

Related posts:

  1. Going direct to private landlords ‘may be better than using agents’
  2. Mortgages for Business advise borrowers to look at fixed rates
  3. Private landlords seeking legal advice on evictions
  4. Landlord advice on offer in Reading
  5. Arla boss dishes out landlord advice

Leave a Reply

You must be logged in to post a comment.

HOME