We are looking at buying property in Ballina.
Our research suggests the area is 'flood prone' but we have been told by the Council and the trusted land sales agent that the estate has been designed to a 1:100 flood event (which doesnt mean much these days etc).
The Bank (WBC) tell us that they offer cover for flood as part of their building insurance cover.
Questions are:
- Anyone have any rough idea on premiums?
- Anyone have any experience with mortgage insurance in these circumstances? Looking at 90% +
Our research suggests the area is 'flood prone' but we have been told by the Council and the trusted land sales agent that the estate has been designed to a 1:100 flood event (which doesnt mean much these days etc).
The Bank (WBC) tell us that they offer cover for flood as part of their building insurance cover.
Questions are:
- Anyone have any rough idea on premiums?
- Anyone have any experience with mortgage insurance in these circumstances? Looking at 90% +
