With limited travel back on the agenda, including staycations for many, it pays to think twice before posting a holiday selfie on social media.
Your insurer may think you are advertising the fact that you are away from home, leaving your property unoccupied and your contents at risk. This could invalidate your insurance cover. Unfortunately, more and more criminals are searching social media posts to identify when a property might be empty.
If you plan to take a long break, check how many days your cover will remain in place for, as most policies will specify that your home can only be empty for a certain number of consecutive days. It might be worth asking somebody you trust to house sit for you while you’re away.
As with all insurance policies, conditions and exclusions will apply. Source: themoneypages.com/insurance
Catch up on our other blog posts:
Mortgage lending has soared to record levels, according to latest data from the Bank of England1, which reveals that gross advances in Q1 totalled £83.3bn, which represents a 26.5% increase on the same quarter in 2020 and the highest level since Q4 2007. Impact of the...
Saving for a deposit has been cited as a major barrier to purchasing a home by 59% of people, according to the latest survey from the Building Societies Association (BSA)1. Climbing from 54% in December last year and just 40% last June, raising a deposit is...
Do you think you know how much your home is really worth? Would you be surprised if it was worth much more or much less? Many homeowners’ estimates don’t live up to reality, with 45% of respondents to a recent survey1 undervaluing their property and 25%...
(Your home may be repossessed if you do not keep up repayments on your mortgage)
We charge a fee for arranging and advising you on the mortgage. The fee will be dependent on your circumstances but will not exceed £499. (Our typical fee is £299.)
For Lifetime Mortgages/Equity Release the fee will be £799.
Our mission is to provide honest mortgage advice, whilst helping you save money.
Get in contact
Or call —02380224925