• Home
    • About us
    • Treating Customers Fairly
    • Privacy Statement
    • Regulatory Statement
    • Cookie policy
    • Mission Statement
  • Mortgages
    • Residential mortgages
      • Home movers
      • Re-mortgages
      • First Time Buyers
      • Help to Buy schemes
      • Adverse credit history mortgages
    • Buy to Let mortgages for Landlords
      • Buy to Let – tax changes
    • Bridging finance
    • Commercial and Business Mortgages
    • Mortgages for professional occupations
    • 2nd charges and secured loans
    • Equity Release and Lifetime mortgages
    • Overseas mortgages
    • Self-Cert mortgages
  • Insurances
    • For the borrower
      • Life Cover
      • Critical Illness Cover
      • Income Protection
      • Mortgage Payment Protection Insurance
      • Wills
    • For the property
    • Insurance quotes
    • Business insurances
      • Business Protection Planning
  • The Process
    • Conveyancing Quotes
    • Fees
    • Jargon explained
  • Calculators
    • How much can I borrow?
    • Mortgage Affordability Calculator
    • Mortgage cost calculator
  • Testimonials
    • Submit a Testimonial
    • Front door gallery
  • Re-mortage reminder
  • Work with us?
    • Referral scheme
    • Careers
    • Introduce to us
  • Contact us
    • Contact us – Berkshire
    • Contact us – Sussex
    • Contact us – W Midlands
    • Contact us – SW London
    • Contact-us – Oxfordshire
    • Contact us – N Ireland
    • Contact us – Canary Wharf
    • Contact us – East Midlands
    • Contact us – Surrey
    • Contact Us – London E13
    • Contact Us – Warwickshire
    • Contact Us – Slough
    • Contact Us – London E17
    • Contact us – Belfast
    • Contact us – Derbyshire
    • Contact us – Croydon
    • Contact us – Slough
    • Contact us – Greenford
    • Contact us – London N20
    • Contact us – Aylesbury
    • Contact us – Kent
    • Contact Us – Ilford
    • Contact us – Lancashire
    • Contact us – Waltham Forest
    • Contact us – South Wales
    • Contact us – Central London
    • Contact us – Ulster
  • Home
    • About us
    • Treating Customers Fairly
    • Privacy Statement
    • Regulatory Statement
    • Cookie policy
    • Mission Statement
  • Mortgages
    • Residential mortgages
      • Home movers
      • Re-mortgages
      • First Time Buyers
      • Help to Buy schemes
      • Adverse credit history mortgages
    • Buy to Let mortgages for Landlords
      • Buy to Let – tax changes
    • Bridging finance
    • Commercial and Business Mortgages
    • Mortgages for professional occupations
    • 2nd charges and secured loans
    • Equity Release and Lifetime mortgages
    • Overseas mortgages
    • Self-Cert mortgages
  • Insurances
    • For the borrower
      • Life Cover
      • Critical Illness Cover
      • Income Protection
      • Mortgage Payment Protection Insurance
      • Wills
    • For the property
    • Insurance quotes
    • Business insurances
      • Business Protection Planning
  • The Process
    • Conveyancing Quotes
    • Fees
    • Jargon explained
  • Calculators
    • How much can I borrow?
    • Mortgage Affordability Calculator
    • Mortgage cost calculator
  • Testimonials
    • Submit a Testimonial
    • Front door gallery
  • Re-mortage reminder
  • Work with us?
    • Referral scheme
    • Careers
    • Introduce to us
  • Contact us
    • Contact us – Berkshire
    • Contact us – Sussex
    • Contact us – W Midlands
    • Contact us – SW London
    • Contact-us – Oxfordshire
    • Contact us – N Ireland
    • Contact us – Canary Wharf
    • Contact us – East Midlands
    • Contact us – Surrey
    • Contact Us – London E13
    • Contact Us – Warwickshire
    • Contact Us – Slough
    • Contact Us – London E17
    • Contact us – Belfast
    • Contact us – Derbyshire
    • Contact us – Croydon
    • Contact us – Slough
    • Contact us – Greenford
    • Contact us – London N20
    • Contact us – Aylesbury
    • Contact us – Kent
    • Contact Us – Ilford
    • Contact us – Lancashire
    • Contact us – Waltham Forest
    • Contact us – South Wales
    • Contact us – Central London
    • Contact us – Ulster
/
  • Home
    • About us
    • Treating Customers Fairly
    • Privacy Statement
    • Regulatory Statement
    • Cookie policy
    • Mission Statement
  • Mortgages
    • Residential mortgages
      • Home movers
      • Re-mortgages
      • First Time Buyers
      • Help to Buy schemes
      • Adverse credit history mortgages
    • Buy to Let mortgages for Landlords
      • Buy to Let – tax changes
    • Bridging finance
    • Commercial and Business Mortgages
    • Mortgages for professional occupations
    • 2nd charges and secured loans
    • Equity Release and Lifetime mortgages
    • Overseas mortgages
    • Self-Cert mortgages
  • Insurances
    • For the borrower
      • Life Cover
      • Critical Illness Cover
      • Income Protection
      • Mortgage Payment Protection Insurance
      • Wills
    • For the property
    • Insurance quotes
    • Business insurances
      • Business Protection Planning
  • The Process
    • Conveyancing Quotes
    • Fees
    • Jargon explained
  • Calculators
    • How much can I borrow?
    • Mortgage Affordability Calculator
    • Mortgage cost calculator
  • Testimonials
    • Submit a Testimonial
    • Front door gallery
  • Re-mortage reminder
  • Work with us?
    • Referral scheme
    • Careers
    • Introduce to us
  • Contact us
    • Contact us – Berkshire
    • Contact us – Sussex
    • Contact us – W Midlands
    • Contact us – SW London
    • Contact-us – Oxfordshire
    • Contact us – N Ireland
    • Contact us – Canary Wharf
    • Contact us – East Midlands
    • Contact us – Surrey
    • Contact Us – London E13
    • Contact Us – Warwickshire
    • Contact Us – Slough
    • Contact Us – London E17
    • Contact us – Belfast
    • Contact us – Derbyshire
    • Contact us – Croydon
    • Contact us – Slough
    • Contact us – Greenford
    • Contact us – London N20
    • Contact us – Aylesbury
    • Contact us – Kent
    • Contact Us – Ilford
    • Contact us – Lancashire
    • Contact us – Waltham Forest
    • Contact us – South Wales
    • Contact us – Central London
    • Contact us – Ulster

For the property

Which insurance do you need?House insurance, buildings insurance, contents insurance

Buildings Insurance

Everyone needs buildings insurance to cover their home in case the building is damaged or destroyed. While you have a mortgage, the lender will almost certainly insist that you have this cover.

Some lenders insist you take insurance but don’t insist that you take the policy they can sell you. This is called ‘compulsory’ insurance.

Some lenders insist that you take out cover they arrange. This is called ‘tied’ insurance. Tied insurance is not usually the most competitively priced, and you could arrange cheaper insurance elsewhere.

Many lenders let you arrange your own cover but may charge an administration fee for checking the cover is sufficient. Some insurance providers will pay the fee for you.

Other lenders leave you free to choose your own insurance and do not make a charge, but will require their interest to be shown on any policy you arrange.

If you look at Section 9 of the mortgage Key Facts Illustration (KFI) we provide, or you Mortgage Offer from the lender, you will see if you have to arrange tied or compulsory insurance, whether you have to pay an insurance charge, and what optional insurance the lender may offer.

Contents Insurance

Contents insurance covers your household items, such as furniture and possessions against loss, damage or theft.

Care should be taken in calculating the true replacement value of your possessions, to avoid the potential undervaluing that could reduce any claim by a condition known as ‘averaging’ where an insurer could reduce the payout by the percentage you have actually insured for against the true value of your items.

PROTECTION FOR THE PROPERTY

TYPE OF INSURANCE

WHAT’S IT FOR ?

IS IT RIGHT FOR YOU?

Buildings Insurance

Covers the cost of repairing or rebuilding your home if it’s damaged or destroyed.

Yes, everyone who has a mortgage must have this cover (though if you live in a flat you might pay for it out of the service charge instead).

Contents Insurance

Covers the cost of repairing or replacing your possessions if they’re damaged, destroyed, lost or stolen.

Yes, if you could not otherwise afford to replace your possessions.

No, if you can afford to replace any lost, stolen, damaged or destroyed personal items. 

It is possible to have a combined ‘Buildings and Contents’ insurance policy, which may offer some cost savings if the policies were bought separately.

We have a wide range of insurers available to ensure you obtain comprehensive, competitive cover.

Contact us to discuss your requirements.

(Please don’t forget that the most important thing in the property is you! Are you insured properly? Click here to decide.)

Contact a local adviser

  • Des in Berkshire
  • Paul in Sussex
  • Simon in West Midlands
  • Shabbir in SW London
  • Jacqui in Oxfordshire
  • Stephen in Northern Ireland
  • Shailesh in Canary Wharf
  • Chris in East Midlands
  • Tom in Surrey
  • Nadeem in London E13
  • Maz in Warwickshire
  • Ujjwal in Slough
  • Toqir in London E17
  • Ciaran in Belfast
  • Martin in Derbyshire
  • Hadi in Croydon
  • Ahmed in Slough
  • Rex in Greenford
  • Mohammad in London N20
  • Malcolm in Aylesbury
  • Neil in Kent
  • Javed in Ilford
  • Dawan in Lancashire
  • Harry in Waltham Forest
  • Michelle in South Wales
  • Chris in Central London
  • Eoin in Ulster

We’ll call you back….

Fill in your details, and we'll call you back.

* indicates required field
CAPTCHA
Refresh
Commercial finance brokers, member NACFB, commercial finance, commercial mortgage broker, commercial mortgage adviser

Members of the Federation of Small Businesses.

Your home may be repossessed if you do not keep up repayments on your mortgage.
1st Call 4 Mortgages (UK) Ltd. Registered in England and Wales under number 09333010. Directors: Desmond Tourick and Paul Butler.
Registered address: 78 Hilmanton, Lower Earley, Reading, Berkshire, RG6 4HN.
1st Call 4 Mortgages (UK) Ltd is authorised and regulated by the Financial Conduct Authority under number 676588 in respect of mortgage, insurance and consumer credit mediation activities only.
The information contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based within the UK.
© 2006 - 2018 1st Call 4 Mortgages (UK) Ltd. All rights reserved.
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish.Accept Read More