Question to the Ministry of Housing, Communities and Local Government:

To ask the Secretary of State for Housing, Communities and Local Government, what assessment has been made of the potential impact of coastal erosion at Hemsby on property insurance and mortgage availability.

My Department engages regularly with mortgage lenders in relation to a range of issues affecting housing and home ownership. We also engage regularly with the insurance industry and continue to monitor the impacts of climate and environmental risks on the insurance market.

A wide variety of mortgage products are available in the UK and speaking to a broker can help borrowers to find suitable products, including specialised financing to secure a mortgage in areas deemed higher risk by lenders, such as those affected by coastal erosion.