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Londoners Find ‘Horrendous’ Cracks in Homes After Heat Waves
Bloomberg.com • • world
Key Points:
- London is experiencing historic levels of subsidence risk due to five consecutive heat waves that have dried out the city's clay soil.
- Subsidence occurs when hot, dry weather causes soil to shrink, destabilizing building foundations.
- Insurance claims related to subsidence reached a record high last quarter, with households claiming an average of £20,000 ($27,200).
- This average claim amount represents a 15% increase compared to the same period in 2025, according to the Association of British Insurers.
