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Property prices hit

Series: Observer ; 5 November 2000, 2(1)Publication details: 2000Subject(s): Summary: Hundreds of thousands of homeowners in flood-prone areas may be left with unsellable properties by new rules to alert buyers to the increased risks of flooding. RICS has warned that the move will result in falling house prices and 'property blight'.

Hundreds of thousands of homeowners in flood-prone areas may be left with unsellable properties by new rules to alert buyers to the increased risks of flooding. RICS has warned that the move will result in falling house prices and 'property blight'.