Blog: Look forward with insight
Blog: Look forward with insight
Additionally, the number of households at substantial risk of flooding in the UK is set to rise by 24% over the next 30 years, while 36,000 properties will be exposed to extreme winds by 2070.ย
Itโs a very sobering message, but one that we all need to take into consideration from a risk management perspective when it comes to property transactions.ย ย
We are already working with insurers and mortgage lenders in industry to consider the impacts of climate change by using modelled data intelligence.ย Having access to modelled data helps to inform investment decisions for mortgage origination and decisioning.ย ย
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