#ClimateDiary UK’s Nationwide Won’t Lend to Some Homes Over Flood Risk
“The UK’s second biggest mortgage provider has stopped making loans on some homes at risk of flooding, over fears they may become uninsurable — and therefore, unsellable — over the coming years.”
#ClimateCrisis percolating through everything so much already in the UK, like everywhere else - #Harvest, #Insurance and now also #Mortgages. Surely this will become really significant.
Yes - i imagine the areas constituting flood plains must be changing, with climate change. And that that’s one reason why Nationwide are using their own drones to assess risks, rather than government maps
#ClimateDiary And yet everything carries on as normal. Worse than “carries on”: it feels like there WAS some momentum around climate action, locally, globally, and now it’s gone. This may well be just my perception, my own trajectory, but it feels wider than that.
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