Research recently published by Halifax Home Insurance has shown that more than half a million households in Britain are left unoccupied for 30 or more consecutive days of the year. Of this number, over half the householders are not aware that long periods away from their property could invalidate potential insurance claims. Read more...
Several questions arise when you decide which insurances to take. Research carried out by Scottish Widows showed that one out of five British parents (2.2 million people) were underinsured. This means that in case of an unexpected fatality they would not be able to assume the financial losses ending up in debt. Although you should be precautious, it is not necessary to purchase all available policies. In fact, it is also very easy to be over-insured because of lack of information or fear of loss. Read more...
15.05.2006 In the past year the price of housing in exclusive parts of London has increased by as much as 14.7 per cent. According to the agent, Knight Frank, the cost of a two-bedroom flat in Chelsea is about £500,000, and the area has seen prices rise by 11.8 per cent in the past four months alone.
According to the agency the balance between supply and demand for London’s most upmarket homes is at its most lopsided in a decade. In the last year supply has fallen by 21 per cent and demand has risen by 43 per cent.The mini-boom has contributed to an overall increase in the average cost of a house in the UK, which has risen by two per cent in the past month according Halifax. Read more...
21.04.2006 Shopping around for the best mortgage deals has been made more difficult by regulations imposed by the Financial Services Authority (FSA), according to Nationwide building society’s chief executive, Philip Williamson. Read more...
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