Rebalancing support ahead of 2039
With climate change increasing the frequency and severity of flooding, rising costs, and fewer than fifteen years remaining until the scheme is due to end in 2039, Flood Re set out how it intends to evolve. It said it had spent more repairing homes in Bands G and H, fewer than 4% of UK homes, than in Bands A and B, around 45% of UK homes, in three of the last four years, prompting the shift towards better-targeted support.