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BOI and Flood insurance

  • 20-07-2023 8:15am
    #1
    ec_pc
    Registered Users, Registered Users 2 Posts: 450 ✭✭


    Good morning BOI, can you advise on your position regarding mortgage drawdown in a situation where the purchaser can't get flood insurance. The flood risk assessment relates to once off event over 2 decades ago. Can a customer drawdown the mortgage or is there an exception process they can go through? In reality this area has been misclassified and is not actually a flood risk area.



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