Industrial: Tonbridge Kent
New Barn, Longfield, Kent
LATEST UPDATE : Flood Re controversy
Flood Re unworkable says industry
Update : 24th July 2014
by Morag Keohane Dip CII
It now seems that the Flood Re fund, the scheme designed to ensure properties would not be denied flood insurance is in doubt because government proposals are unworkable, according to the insurance industry.
The draft regulations contain several worries according to insurers, which they say have to be addressed.
The Association of British insurers say the matter is even worse because in their view the proposals might not get regulatory approval as "a sustainable insurance vehicle". A limit to Flood Re cash flows, in the industry's opinion, are creating impossible problems.read more
Caxtons Chartered Surveyors is one of the largest independent property practices in the South East. Operating from offices across Kent, we offer a full range of property consultancy and management services in the commercial and residential sectors.
Caxtons is a private limited company, established in 1990, but with roots back in the late 1800s, providing property services to a wide range of clients. The company is owned by its 6 directors with 7 associate directors in support. We employ over 90 people, with some 15 Chartered Surveyors and a wealth of other experienced staff that can advise on all your property needs.
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