UK house prices were down 2.6% in value during November, representing an annual drop of 14.9% since last year according to new figures from the Halifax.
Nearly half of all property owners are underinsuring their buildings, warns Norwich Union.
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Norwich Union has announced a series of price reductions across its Mortgage Life Insurance (MLI) and Term Assurance product ranges.
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With two thirds of homeowners over 60 getting by on under £10,000 a year, Norwich Union data reveals that they now have over £841 billion or an average of £82,446 each, tied up in bricks and mortar.
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