A MULTI-MILLION pound flood defence scheme is underway in Ryde, to protect more than 300 homes.

Funded by the Environment Agency, the Southern Regional Flood and Coastal Committee and the Isle of Wight Council, the scheme will significantly reduce flood risk in the area of The Strand.

John O’Flynn, Environment Agency manager, said the project was on schedule, despite delays due to the Beast from the East, and the beach area would be cleared ahead of Isle of Wight Pride and the school holidays.

He said: “This £5million scheme will protect 327 properties in Ryde. We have received more than a fifth of the costs from the committee and the Isle of Wight Council without which, the project would be non-existent.”

Ryde North East councillor, Wayne Whittle, said the project was of vital importance to the town.

“We have been trying to get the money and the authority for this scheme since Ryde flooded in 2010.

“A couple woke up one morning to find their baby’s cot floating in the water. The project really will give people peace of mind regarding their property.”

Flooding in this way is considered a ‘once in a lifetime event’ but houses in the area were flooded twice in three years.

Many homeowners struggle to get affordable home insurance — or any home insurance — due to the risks.

The project will allow more water to go into the sea after heavy rainfall and reduce the frequency of water overflowing the bank.

A new culvert will take water from the pumping station on the promenade, through the new tunnel and into the marina.

The second stage of the project, which will run from June until October, involves the construction of a flood wall around Simeon Street Recreation Ground, Marymead Close and the BT depot.

Extra water will be directed into this storage area.

Mr O’Flynn said: “We expect these essential works to be completed by November.

"This means the scheme will be in place and operational in time to grant families and property owners valuable peace of mind over the winter period.”