The material on this website is for information only
and is not intended as any recommendation or endorsement of any products or companies mentioned. We are not licensed by the FSA to give financial advice, and none of the material on this website constitutes or is intended to constitute financial ...
News
The GuardianOnline fraud victims should be better protected, not blamedThe GuardianTotal fraud jumped by more than a quarter in 2015, with 1.5m card accounts in Britain raided by scam merchants who stole more than £750m. To put that figure in context, it is 15 times Britain's biggest ... Needless to say, the unfortunate couple have ...
The Week UKWatchdog to inspect Sainsbury's £1.4bn takeover of ArgosThe Week UKA £1.4bn buyout by Sainsbury's of Argos's owner, the Home Retail Group, is to be investigated by the UK's competition regulator. The Competition and Markets Authority (CMA) confirmed on Friday that it had written to the two companies to inform them of ...and more »
Mirror.co.ukRestaurant-style receipts to replace orange train tickets within monthsMirror.co.ukGetting the train in Britain has long been marked by the orange ticket card, with the rounded edges and your journey printed on it in minuscule type. But in the coming months, passengers who buy their tickets on board will find themselves clutching ...
Telegraph.co.uk'I have £300k in cash and a three month time frame: how do I net the greatest return?'Telegraph.co.ukWhile the overall rate on your money could be slightly increased by opening multiple accounts like this, it's unlikely to be worth the hassle and could affect your credit score. So this is not advisable if you intend to apply for a mortgage in the near ...and more »
Nigeria: 12 Years After Liquidation, Nigeria Airways EchoesAllAfrica.comAccording to him, the airline's Board of Directors, at the time the firm was liquidated, was utterly corrupt, forming various dubious companies which were used as conduit pipes to siphon funds from the airline, under the guise of servicing and ...and more »
Have you met...
Latest Members:


marwasaf


lolo


danny


midomidi2013


asmaasaad


shazly


ser1es

 

Listed building Insurance.

Check your insurance if you own a listed building.

Listed building owners are being warned to ensure that their homes are adequately protected as the recession continues and people make financial cutbacks.

The warning comes from large rural insurer, NFU Mutual. It says 4 out of 10 people are cutting back on their spending on financial items such as insurance.  

NFU Mutual spokesperson Nicola Sach says, “Our primary concern is that people may find themselves underinsured.  Owners of listed buildings should check that the sum insured on their home would cover the cost of rebuilding the property using the appropriate materials and craftsmanship.  They may find that they need to cover substantial costs should any damage occur if the appropriate level of cover is not in place.”

NFU Mutual provides a listed building scheme and has found in the past most customers who take up the service are initially underinsured - some by a significant amount.   

“With listed properties usually costing substantially more to rebuild than non-listed homes we are urging people to make sure that they take the appropriate steps to ensure that should a loss occur they will be fully covered”.

NFU Mutual has put together some top tips for listed property owners

Make sure that you get a valuation from a specialist company.  Should you ever need to make a claim this will help to ensure that you are adequately covered.  This process should be repeated every 3 to 5 years.
Check your level of reinstatement cover against your valuation.  English Heritage can insist that you use like for like methods and materials to rebuild your property which can be more expensive that the modern equivalent.
Consult a risk management specialist to help ensure that your house is as secure as it can be without compromising or damaging any historic features.
Old and listed buildings can be susceptible to burst pipes. To prevent large costs should this happen make sure that your insurance policy will cover you.
If you are thinking of purchasing a listed property, make sure that you check that any alterations that have been made to the building have been approved. You could find yourself liable for  the costs of returning the property to its original state if these alterations are found to be detrimental to the fabric of the building.
If your home is thatched you should ensure that even small repairs to the roof are carried out by a professional thatcher.  

Advertise with us  |  Privacy  |  Terms & Copyright                                                                                     Website maintained by USP Networks