Homeowners at risk of underinsuring
Property owners are putting themselves at risk of facing huge costs by not insuring their properties to the full reinstatement value, warns Norwich Union, soon to be Aviva.
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Property owners are at risk from underinsuranceNearly half of all property owners are underinsuring their buildings, warns Norwich Union.
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Norwich Union cuts mortgage life insuranceNorwich Union has announced a series of price reductions across its Mortgage Life Insurance (MLI) and Term Assurance product ranges.
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Over 60s sitting on £841 billion housing equity
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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House price growth remains stable across most of the UK, although prices in London are increasing and prices in Northern Ireland are falling.
New evidence supports Yorkshire Building Society’s findings that more borrowers are choosing to fix their mortgage for the longer term as economic conditions remain uncertain.
Latest research from Halifax shows the ability of key public sector workers to purchase their own home continues to improve and is approaching the level achieved ten years ago before the house price boom.
Research commissioned by specialist buy-to-let lender Paragon Mortgages, has shown a significant regional shift in the rental yields achieved by landlords.
