Research from Yopa indicates that the majority of buyers are looking for homes that require little to no work. According to the survey, 54% of people who bought a home in the last year were only prepared to make minor cosmetic changes to their new home. Meanwhile, 23% were looking for a fully modernised ‘turnkey’ property that was ready to live in. Only 3% were actively seeking a full renovation project and a further 3% were willing to buy a home that needed structural changes. When asked why they did not want to renovate, 21% said they would rather avoid the disruption and 17% wanted to move in quickly. Of the people who were up for a project, 21% said it was so they could benefit from a lower purchase price, while 19% wanted the opportunity to create their own style. Your home may be repossessed if you do not keep up repayments on your mortgage Sources: https://theintermediary.co.uk/2026/06/77-of-homebuyers-seek-properties-requiring-no-work-finds-yopa/ https://londonlovesproperty.com/homebuyers-shun-renovation-projects-as-77-seek-homes-requiring-little-or-no-work/

It can be tempting to delay taking out life insurance or other protection cover, particularly if you are young and healthy and do not feel an immediate need for cover. Some people assume that putting off taking out a policy means saving money because they will pay premiums for fewer years. However, prolonging the decision could actually make life insurance more expensive and reduce the options available to you in the future. The cost of delaying Every life insurance policy is different, depending on the policyholder’s specific circumstances. Your premiums will be calculated based on how much cover you need, your age and general health. As you get older, premiums tend to become more expensive to reflect the increased risk of mortality. You might think that waiting six months won’t make much of a difference to the cost of your policy, but what if you had a health complication within that time? Even a minor change to your health can cause insurers to increase premiums, impose exclusions or reduce the level of cover. Getting a policy sooner rather than later can help secure lower premiums and provide long-term certainty for both you and your family. Consider your wider financial plan Life insurance can play an important role within a financial plan, particularly when it comes to preserving wealth for future generations. From April 2027, unused pension funds will be treated as part of a person’s estate, prompting many people to review their existing arrangements. Because of this, some families are writing life insurance in trust to ensure that beneficiaries are not taxed on the money they receive from their insurance policy. If your family will rely on a life insurance payout to support them after your death, it is particularly important to review your cover now. Thinking of leaving the UK? Life insurance is also worth considering if there is a chance that you may live abroad in the future. Whether you are planning to retire overseas or relocate for work, your residency status can affect your cover. Some policies only insure permanent UK residents, while others may be happy to keep existing cover in place. Taking out a policy well in advance of moving can increase your chances of being eligible for UK protection. It’s therefore advisable to get cover as soon as possible and familiarise yourself with the policy terms. Contact us While delaying a decision about life insurance may seem harmless, it can significantly impact the cost and level of cover you receive. We can help you understand how protection fits into your financial plan. Get in touch for advice. As with all insurance policies, conditions and exclusions will apply Source: https://www.ftadviser.com/content/47c79204-94cc-4a88-b7a3-de16d85d7846

With the World Cup over, many football fans may be inspired to dust off their trainers and join an amateur team. But that comes with a risk of injury… According to research from MetLife UK, nearly a quarter (23%) of UK adults have had a sporting accident. The average person spent four days in hospital after an accident, while one in five stayed even longer. Among those who had experienced or were worried about an accident, the primary concern was taking time off work (23%). One in five (20%) were worried about not being at home for their children, while 16% were concerned about having to take unpaid leave. Having the right protection could alleviate these worries and enable you to live the life you want. As with all insurance policies, conditions and exclusions will apply. Source: https://www.actuarialpost.co.uk/article/football%E2%80%99s-coming-home%E2%80%A6-on-crutches-26686.htm

If you’re packing for a holiday, it’s important to remind yourself which items would be covered if you take them away. When taking your possessions out of the house, it is easy to assume they will automatically be covered under your contents insurance. However, you usually will need to purchase additional cover to insure belongings that you take away from home. Even then, there are times when you won’t be covered, so it’s important to check your specific policy. For example, an item must be carried by you or someone who lives with you in order to be covered. So, if you leave your phone in the care of your friends while you’re on holiday and it gets stolen, you might not be able to make a claim. Or if you drop your phone in the sea, you may not be covered because some insurers don’t pay out for liquid damage. Additionally, possessions left in a hotel room are not always insured, except in cases of forced or violent entry. It’s therefore advisable to keep valuables in a hotel room safe and make sure you have appropriate travel insurance. Don’t leave it to chance - get in touch with us to ensure your possessions will be fully covered while you are out and about in the summer months. As with all insurance policies, conditions and exclusions will apply Source: https://www.admiral.com/resources/home-hub/claiming/personal-possessions-cover-what-youre-covered-for-away-from-home

Younger adults are increasingly taking out life insurance and critical illness cover, according to recent research. Encouragingly, there is growing demand for stand-alone critical illness cover and joint policies among younger buyers, with more under-35s putting protection in place at an earlier stage of life. Research also suggests younger adults are increasingly combining life cover with critical illness protection as awareness of the importance of financial resilience grows. Many younger adults have significant financial commitments, including rent, mortgages and household bills, making financial protection just as important as it is later in life. We can help you explore protection options suited to your needs. As with all insurance policies, conditions and exclusions will apply. Source: https://www.insurancebusinessmag.com/uk/news/life-insurance/younger-buyers-lock-in-cheaper-uk-life-cover-as-protection-market-shifts--report-567434.aspx

Many UK homeowners could be underinsured because rebuild costs are often very different from property values, particularly in certain parts of the country. Property value versus rebuild cost House prices are not simply based on the cost of rebuilding a home. In many areas, values are heavily influenced by location and land prices rather than the bricks and mortar alone. As a result, the rebuild cost of a property can differ significantly from its market value. In some regions, the cost of reconstructing a home after a major disaster could exceed the insured amount by hundreds of thousands of pounds. Research suggests regional variations are becoming increasingly noticeable. In some parts of the UK, particularly where property prices have risen sharply due to demand and location, the market value of homes can be substantially higher than the actual rebuild cost. In other areas, rebuild costs can outweigh property values due to rising construction expenses and local labour shortages. This means homeowners cannot assume their property’s sale price automatically reflects the amount they should insure it for. The underinsurance problem Buildings insurance limits are often linked to property valuations, which can create serious underinsurance risks. If cover is based on an inaccurate estimate, homeowners may find they are not fully protected if they ever need to make a major claim. Recent analysis found that 70% of UK properties are underinsured, while 23% are overinsured, leaving only a small minority insured for the correct amount. The regional divide is also significant. Wales recorded the highest level of underinsurance at 80%, followed by the North West at 77% and Northern Ireland at 75%. Meanwhile, Scotland and the South East reported some of the highest levels of overinsurance. Construction costs, labour shortages and rising material prices have further increased the importance of accurate rebuild assessments in recent years. The cost of materials has fluctuated considerably, while higher energy and transportation costs have also affected the sector. How homeowners can review cover Many homeowners mistakenly assume their insurer will automatically calculate the correct rebuild value. However, this is not always the case, which is why reviewing your cover regularly is so important. Home improvements, such as extensions, can also affect rebuild costs. If these changes are not reflected in your insurance policy, you may not have sufficient cover in place. Having the right level of buildings insurance could help prevent costly shortfalls following major property damage. Speak to us today Get in touch. We can help you to ensure your property has an appropriate level of cover. As with all insurance policies, conditions and exclusions will apply. Sources: https://www.insurancetimes.co.uk/analysis/the-underinsurance-divide-thats-splitting-the-country/1458289.article https://www.chimnie.com/articles/rebuild-costs-hidden-factor-valuations https://www.rebuildcostassessment.com/post/regional-breakdown-uk-insurance-accuracy

New analysis from Stonebridge suggests remortgage activity surged during the opening months of 2026 as borrowers reached the end of ultra-low fixed rate mortgage products arranged during the pandemic. Sharp rise in applications Stonebridge data shows that remortgage applications increased by 45.8% during Q1 2026. The rise comes as many homeowners are reaching the end of fixed rate products arranged when borrowing costs were significantly lower. Many fixed rate mortgages expired during 2025, with a further 1.8 million expected to end this year. As borrowers move onto higher rates, many are reviewing their options to secure a more suitable mortgage arrangement and avoid reverting onto significantly higher standard variable rates. The increase in activity suggests many households are taking a more proactive approach to managing their mortgage costs as financial pressures continue. Borrowers reassessing options The mortgage market has changed considerably since the pandemic era, with interest rates remaining much higher than the record lows seen several years ago. This means many households are facing noticeably higher monthly repayments when their current fixed rate term ends. As a result, more borrowers are actively comparing products and seeking advice before their existing arrangements expire. For some homeowners, even relatively small increases in mortgage rates could significantly affect monthly budgets and wider household finances. The Stonebridge data also showed growing interest in shorter mortgage terms, with two-year fixed products increasing in popularity. This suggests some borrowers may prefer shorter-term flexibility while monitoring future interest rate movements and potential changes to borrowing costs. At the same time, some homeowners are reassessing how long they wish to borrow for, particularly as affordability pressures remain a key concern across the market. Why early planning matters Reviewing your mortgage options before your current fixed rate expires could help you avoid unnecessary increases in monthly repayments. It may also provide an opportunity to reassess your wider financial arrangements and borrowing needs. Many lenders allow borrowers to secure a new mortgage product several months before their existing fixed rate ends, giving homeowners more time to plan ahead. Seeking advice early may also increase the range of products available and reduce the risk of rushed financial decisions closer to expiry dates. Speak to us today We can help you find a mortgage product suited to your circumstances. As with all insurance policies, conditions and exclusions will apply. Your home may be repossessed if you do not keep up repayments on your mortgage. You may have to pay and early repayment charge to your existing lender if you remortgage. Source: https://stonebridgegroup.co.uk/news/mortgage-market-index-46-rise-in-remortgages-in-q1-as-ultralow-pandemic-deals-end/

Many homeowners are still unsure exactly what income protection insurance covers and could therefore potentially miss out on the valuable financial support this protection gives during difficult times. Confusion around cover Research shows that more than a quarter of homeowners wrongly believe income protection policies do not cover mental health conditions. There is also further confusion around eligibility, with some people incorrectly assuming self-employed workers cannot take out cover or that multiple claims are possible. These misconceptions could prevent households from putting appropriate financial protection in place. More support than people realise Income protection insurance is designed to provide regular payments if illness or injury prevents you from working. This support can help households continue covering mortgage payments, bills and other essential living costs. Policies can often cover a wide range of conditions, including both physical and mental health issues, although terms and exclusions will vary between providers. We can help you understand the options available. As with all insurance policies, conditions and exclusions will apply. Your home may be repossessed if you do not keep up repayments on your mortgage. Source: https://healthcareandprotection.com/vast-majority-of-brits-confused-about-what-ip-covers-lifesearch/

Thousands of homeowners may not realise that outdated or unsuitable door locks could affect the validity of their home insurance cover. Security standards matter Research suggests many UK households may not realise their existing door locks and security arrangements no longer meet the requirements set out in their insurance policies. One issue that can lead to claims being rejected is failing to meet minimum door security standards specified by insurers. Most providers specify particular standards for locks, especially on external doors. If these requirements are not met, insurers may reduce payouts or reject claims altogether following a burglary. In many cases, homeowners may be unaware their locks no longer meet current standards, particularly if they have older doors, damaged locks or have not reviewed their home security arrangements for several years. Check your cover carefully Understanding the small print is important, as security conditions and exclusions can differ between insurers and policies. We can help you review your home insurance arrangements and ensure you understand the security requirements linked to your cover. Get in touch now. As with all insurance policies, conditions and exclusions will apply. Source: https://www.businessupnorth.co.uk/home-contents-insurance-fine-print-faulty-door-locks-clauses-leave-northern-homes-uncovered/

Recent research suggests that growing concerns around safety and global instability are encouraging more people to consider protection insurance as a financial safety net. What is the changing sense of security? Research suggests many people feel more vulnerable and uncertain than they did a decade ago. Ongoing geopolitical tensions and concerns around global terrorism are continuing to shape public attitudes towards personal and financial security. The research also found women are more likely to feel uneasy about their personal safety today, with 52% saying they feel more uncertain than they did 10 years ago, compared with 38% of men. Everyday activities are also increasingly contributing to feelings of unease. Research found that 54% of fearful adults no longer feel safe in crowded places, while concerns around travelling abroad and attending large, organised events have also risen sharply in recent months. Travelling alone remains a particularly significant concern for women, with 61% saying they feel less safe doing so, compared with 32% of men. Younger adults are also becoming more aware of the importance of financial protection, with many recognising the pressure that illness, injury or loss of income could place on their households. Why does protection matter? Protection insurance can provide financial support if illness, injury or death affects your ability to earn an income. Depending on the policy, this support can come as a lump sum or regular monthly payments. For many homeowners and families, protection offers reassurance that mortgage payments, bills and everyday living costs could still be managed during difficult periods. In uncertain times, this financial safety net can provide valuable peace of mind. Common forms of protection include life insurance, critical illness cover and income protection insurance. Some policies are designed to help cover mortgage repayments and essential household costs, while others provide support following serious illness or long-term absence from work. As concerns around financial resilience continue to rise, research also suggests more households are taking practical steps to improve their financial security. Four in 10 fearful adults said they had become more interested in protection insurance products during March 2026. The value of professional advice Many people assume protection insurance is too expensive or complicated, but policies can be tailored to suit different budgets and needs. We can help you understand your options and ensure you have appropriate cover in place. As with all insurance policies, conditions and exclusions will apply. Your home may be repossessed if you do not keep up repayments on your mortgage. Source: https://nationalfriendly.co.uk/adviser/bruised-britain/

Home insurance premiums have continued to fall, with average UK premiums dropping by 9% year-on-year in January 2026, according to recent analysis. The improvement follows a significant reduction in severe weather warnings across the UK. Red storm warnings reportedly fell from 18 in 2022 to just four in 2024, while amber warnings also declined sharply over the same period. However, insurers are cautioning households about the risk of wetter-than-average weather and the potential for property damage later in the year. This means reviewing cover levels and policy terms remains important, even as premiums begin to ease. We can help review your options and ensure you have suitable cover in place. As with all insurance policies, conditions and exclusions will apply. Sources: https://theintermediary.co.uk/2026/04/home-insurance-premiums-ease-as-storm-warnings-fall-compare-the-market/ https://www.comparethemarket.com/inside-ctm/media-centre/home-premiums-continue-to-fall-as-households-urged-to-brace-for-wetter-than-average-autumn/

Calls for Stamp Duty reform are continuing to grow as first-time buyers face rising purchase costs. Research suggests first-time buyers have paid an extra £307m in Stamp Duty since the tax-free threshold changed in April 2025. On average, buyers have reportedly paid £4,618 more to complete a purchase over the past year. For many households already struggling with deposits and affordability pressures, Stamp Duty remains another significant barrier to getting onto the property ladder. Industry figures continue calling for reform to help improve affordability. We can help you understand the costs involved with buying a home and explore mortgage options suited to your circumstances. Your home may be repossessed if you do not keep up repayments on your mortgage. Source: https://www.rightmove.co.uk/news/articles/property-news/rightmove-calls-for-stamp-duty-reform/

Many prospective buyers feel ready to move in 2026, but affordability concerns and uncertainty are still causing hesitation. Confidence versus action Research shows that 52% of prospective buyers believe they are ready to purchase a property this year. However, there remains a significant gap between confidence and actually making a move. High property prices and the challenge of saving for a deposit continue to be major barriers for many households. Rising living costs and uncertainty around mortgage affordability have also made it harder for some buyers to feel financially prepared. For first-time buyers in particular, balancing rental costs with saving for a deposit continues to be a significant challenge, despite improving confidence across parts of the housing market. Understanding the process The research also found that 31% of respondents felt they lacked understanding of the homebuying process itself. Many prospective buyers are also unclear about the different mortgage products available. We can help Seeking professional mortgage advice can help buyers better understand their options and feel more confident. We can help you explore suitable mortgage options. Your home may be repossessed if you do not keep up repayments on your mortgage. Source:https://www.mortgageadvicebureau.com/press-releases/four-in-ten-aspiring-homeowners-still-holding-back-despite-rising-confidence/

Going through a divorce can be a very challenging time for you and your family; on top of the emotional stress of separation, there are many practical logistics for you to deal with. Amidst all this, it can be easy to forget about life insurance, but your policy won’t change automatically when you divorce, so it’s important to review it as soon as you can. If you have an individual policy… Even if you and your former partner had separate life insurance policies, you will still need to inform your insurer of your change in circumstances. Divorce can significantly affect your financial situation, so you will need to check if you have the right level of cover for your new lifestyle. You may also wish to review your beneficiaries. If your ex-spouse is still listed, they may remain entitled to a payout unless you update your policy. If you have a joint policy… A joint life insurance will remain in place until you make any changes to it. What you can do next will depend on your insurer and the terms of your policy. In some cases, it may be possible to split the joint policy into two individual policies. If you are not able to do this, there are other options… If your insurer allows it, you could arrange for either you or your ex-partner to take over the existing policy, while the other arranges new cover in their own name. Alternatively, you could cancel the joint policy altogether and both take out new individual cover. However, this may cost more as premiums are typically higher with age. You may also need to submit your medical history again. Plus, if your policy was written in trust, you will need permission from all the trustees before cancelling your cover. Your mortgage and life insurance If your joint life insurance helps protect your mortgage, you and your partner will need to decide what to do next. The person who stays living in your home may be able to take over the policy, but it’s important to ensure the level of cover still matches the outstanding mortgage and their financial circumstances. If the existing policy is no longer suitable, replacing it with a new one that reflects current needs may be necessary. We’re here for you If you’re unsure how your divorce affects your life insurance, speaking to a professional adviser can help you make informed decisions. Get in touch with our team today to review your policy and ensure your protection is right for you. As with all insurance policies, conditions and exclusions will apply. Your home may be repossessed if you do not keep up repayments on your mortgage. Source: https://www.legalandgeneral.com/insurance/life-insurance/family/life-insurance-after-divorce/

A recent report has found that accidental damage is the leading cause of home insurance claims in the UK. According to Aviva, 32% of home insurance claims over the last four years were linked to accidental damage. Since 2022, the average value of these claims has risen by 63% to £1,869. This shows that, without the right cover, simple mistakes can be very expensive for homeowners. Examples of common accidents The research shows that incidents involving TVs accounted for 18% of accidental damage claims – this includes mistakenly knocking or hitting the TV screen. Spilled drinks are a common accident too, representing 8% of claims. Also, irons, hair curlers and hairdryers have scorched carpets and caused claims. Meanwhile, children account for 8% of claims, often due to spillages and broken gadgets. Are you covered? This data shows that accidents can easily happen, so it’s important to understand when you’re covered. Accidental damage is not automatically included in most standard home insurance policies, so you would need to purchase it as an optional extra. Incorporating this cost into your monthly premiums can save you money and stress if an accident does happen. As with all insurance policies, conditions and exclusions will apply. Your home may be repossessed if you do not keep up repayments on your mortgage. Sources: https://www.aviva.com/newsroom/news-releases/2026/04/from-slips-to-spills-everyday-accidents-make-up-a-third-of-home-insurance-claims/

Escape of water is an increasingly common source of property damage, accounting for 29% of UK home insurance claims between 2021 and 2024. In many cases, escape of water is preventable if you know what signs to look for. According to recent data, home insurers paid out £163.6m in escape of water claims between 2021-2024, with the average cost of a claim rising by 50% during that time. What is escape of water? Escape of water is classified as a leak coming from inside the home, rather than flooding due to rain or the sea. This could include burst or blocked pipes, leaking appliances (such as a dishwasher or washing machine) and faulty heating systems. Escape of water is an increasing issue due to more homes having integrated appliances, ensuite bathrooms and other hidden plumbing. It is also more of a risk in the winter months, when exposed pipes can freeze over. When am I covered? Most home insurers will cover you in the event of sudden, unexpected leaks, but it’s important to check your policy terms. Buildings insurance policies will generally cover damaged walls, ceilings and pipework, while contents insurance will typically cover furniture, carpets and belongings. Your claim may be rejected if the leak is due to a lack of maintenance or long-term seepage. How can I prevent escape of water? You can’t stop all leaks from happening, however there are steps you can take to minimise the risk. Make sure any exposed water pipes are insulated and your house is kept warm during winter. Keep an eye out for damp or condensation that could be an indication of escape of water. Don’t forget to look for drips in hidden areas, such as under the sink and behind the washing machines. Check the seals around baths, showers and toilets – if they’re old or worn, water could start seeping in. Also, old appliances are more likely to have plumbing issues, so consider upgrading before they cause a leak and it’s too late. What do I do if there’s a leak? It’s important to know where your stopcock is, as you may need to use it to stop the water supply if you find a leak. Once you have done this, you should contact a professional to ensure the appropriate repairs are carried out. At this point, consult your home insurance policy to check if you will be covered. Many insurers now require policyholders to pay an excess when making a claim – this is often between £400 and £800. Check your policy It’s important to know exactly when you would be covered so there are no nasty surprises when you try to make a claim. We can talk you through your policy and make sure you have the right level of cover. As with all insurance policies, conditions and exclusions will apply. Sources: https://www.netmums.com/cost-of-living/the-10-minute-check-uk-households-are-urged-to-do-to-avoid-the-164m-home-insurance-claim-sending-premiums-soaring https://www.axa.co.uk/home-insurance/tips-and-guides/how-to-protect-your-home-from-escape-of-water/

Recent analysis shows that younger adults are benefitting from cheaper life insurance. In 2025, the average monthly life insurance premium for 18- to 24-year-olds was only £12 a month, while customers over the age of 55 were paying an average of £48. Over the last five years, the cost of insurance for the younger generation has fallen by 5%, however it has risen by 38% for over-55s. The research also indicates that more younger adults are taking the opportunity to combine life cover with critical illness, with 11% opting for this since 2020. Meanwhile, only 2% of over-55s have added critical illness cover to their protection policy. Whatever your age, we can help source life cover that is right for you. As with all insurance policies, conditions and exclusions will apply. Source: https://www.insurancebusinessmag.com/uk/news/life-insurance/younger-buyers-lock-in-cheaper-uk-life-cover-as-protection-market-shifts--report-567434.aspx

For many people, buying a home is one of the biggest financial commitments that they will make. But house hunting is not just about getting the price right; you also need to be confident that the property and location is right for you and your lifestyle. Here are some factors to consider when making your move. What can you afford? We strongly recommend that you sit down with a professional adviser to ascertain what you can afford, based on your current financial situation. As well as your deposit and monthly mortgage repayments, there are many other extra costs involved with buying a home. It’s essential to budget for Stamp Duty payments, conveyancing costs and other additional fees. This will help you enter your property search knowing what you can realistically afford. Is this a long-term home? If you see a property you love, it’s tempting to get swept up in the excitement and make an offer immediately. However, it’s important to step back and ask yourself if this is a property that will work for you in the future. For example, a two-bedroom home may suit you now, but will you need more space in five years? Or will you wish you had more garden space when the summer comes? Location, location, location If you are moving to a new area, are you certain that you can see yourself living there? You should do your research and spend enough time in the area so you can feel confident that it’s the right decision for you. Look up the transport links and work out your commute times and costs. You should also research the local schools and amenities, so you know what you’re signing up for. Get a survey It’s important to understand what you’re committing to, which includes any pre-existing issues with the home. Paying for a professional survey now could influence whether you buy the home – you may find out that there are significant structural issues that are going to be too costly to inherit. Take your time Buying a home is a big decision, so don’t rush into anything. You can view the property again and take along someone you trust, so you have another perspective. Compare the home with other properties on the market and make an offer that is appropriate for you and your finances. If you’re buying a flat, make sure you understand if it’s freehold or leasehold and ascertain any building management costs. Talk to us We can help turn your property dreams into a reality. We will guide you through the process and talk you through your mortgage options, so you can view homes with confidence. Contact us for advice today. Your home may be repossessed if you do not keep up repayments on your mortgage. Source: https://www.yopa.co.uk/blog/finding-the-right-home-five-things-every-buyer-should-think-about/

If your job is deemed dangerous by an insurer, this may affect your protection policy. Examples of hazardous occupations Jobs are considered dangerous if there is an increased likelihood of death when compared with the average profession. This includes the Armed Forces and working outside at heights over 15 metres. Firefighters and police officers are also often in this category as evidence shows that there are associated health risks and increased fatalities. How does this affect your life cover? If you have a hazardous occupation, you must disclose this when applying for life insurance, otherwise you risk invalidating your policy. You may need to provide further details about your duties so the insurer can assess the level of risk. Your premiums might be more expensive if the insurer decides there is a higher chance that they will need to make a payout. Get in touch If you are unable to get standard life insurance, you may be able to get specialist cover with the help of a professional adviser. It’s important to consider if you also need critical illness cover or income protection due to the nature of your job. We will explain your options so you can make an informed decision. As with all insurance policies, conditions and exclusions will apply. Source: https://www.legalandgeneral.com/insurance/life-insurance/lifestyle/dangerous-jobs/

Research suggests that many UK households could be missing out on better home insurance deals as they have allowed their policy to auto-renew. A quarter of Brits let their home insurance renew automatically and 17% of this group haven’t checked if better deals are available. A further 8% admit that they left it too late to shop around, by which point their policy had already rolled over. The trend is particularly noticeable among men, who are more likely to let their policies auto-renew. While it can feel convenient, auto-renewal is not always the most cost-effective option. Insurance premiums and personal circumstances can change year to year, so you could end up paying more than necessary. As with all insurance policies, conditions and exclusions will apply. Source: https://press.gocompare.com/news/a-quarter-of-brits-admit-to-letting-their-home-insurance-renew-automatically

House prices picked up in March, with annual growth rising to 2.2% according to Nationwide. This is an improvement on February, when prices rose annually by 1.0%. The average house now costs £277,186. In March, most UK regions saw modest increases in house prices, however the Outer South East and East Anglia both saw price declines. Meanwhile, Northern Ireland outperformed the rest of the UK, with annual growth of 9.5%. In England, the North West saw the strongest increase, with prices rising by 3.3% year-on-year. Interestingly, detached properties recorded the biggest annual growth, with a price increase of 2.4%. On the other hand, the value of flats has only increased by 15% since the start of 2020 – half the growth seen in detached properties. Source: https://www.mortgagestrategy.co.uk/news/annual-house-price-growth-up-2-2-in-march-nationwide/ https://www.nationwide.co.uk/media/hpi/reports/uk-house-price-growth-picks-up-in-march

If you’re self-employed, it’s essential to ensure you have the right protection in place – otherwise, you risk leaving yourself financially vulnerable if you’re unable to work. Many people enjoy the freedom that comes with being self-employed – you can be your own boss and work on your own terms. However, it does mean that you’re not eligible to receive Statutory Sick Pay if you’re unwell. No sick pay, no safety net Research has found that self-employed people take 35% fewer sick days than employed workers because they’re worried about losing out on income. However, carrying on working could be more detrimental to your health in the long run. It’s therefore vital to have appropriate income protection in place, so you can take the time you need to return to full health. The importance of income protection Income protection insurance provides a portion of your income (typically 50-70%) if you are unable to work due to illness or injury. It pays out regular monthly payments until you return to work, retire, or reach the end of your policy term. Unlike critical illness cover, income protection covers a wide range of medical conditions, from mental health issues to physical health conditions. If you have a pre-existing condition, this may not be covered by the insurer, so it’s important to understand your policy terms. The waiting period Once you have stopped work, you will typically have to wait a specific length of time before you can claim income protection payments – this is called the deferred period. As you don’t qualify for Statutory Sick Pay, you may opt for a shorter deferred period so that you can receive financial support sooner. This does mean that your premiums will be higher, so it’s important to calculate how long you could manage without an income. How your work affects your insurance If your job involves a level of risk, this may impact your cover. For example, you might be a contractor who frequently uses heavy machinery and works at height. When applying for income protection, your insurer will ask a range of questions about your job so they can ascertain how much cover you need. It’s important to answer these truthfully, or you risk invalidating your policy. Executive income protection If you are a self-employed director of your own limited company, you might consider executive income protection insurance. The policy will be taken out by the business and protects you or an employee in the event of illness or injury. Get in touch with us if you are considering this option. Here to help We can help you source an income protection policy that is tailored to your unique circumstances. As with all insurance policies, conditions and exclusions will apply Source: https://www.reassured.co.uk/income-protection/income-protection-for-self-employed/#:~:text=Self%2Demployed%20income%20protection%20%5BQuick,to%20meet%20your%20unique%20needs

Mortgage rates are in a state of flux in response to the Middle East conflict, which is a constantly evolving situation. Mortgage rates were on the rise at the start of April, with over 30 lenders increasing their rates and withdrawing some products from the market. However, by the end of the month, lenders had started to make cuts again. Despite this, at the end of April the average two- and five-year fixed mortgage was still higher than at the beginning of March, before the impact of the war had started to filter through to the economy. Those who can afford larger deposits continue to fare better in the current economic landscape, as these are the products that are seeing the biggest rate reductions. On the other hand, homeowners who are coming to the end of their five-year fixed deals are likely to be hardest hit when looking for a remortgage deal, as their new rates could be significantly higher. We can help you understand what the changing economic situation means for you and your mortgage. Get in touch to speak to a professional adviser. Your home may be repossessed if you do not keep up repayments on your mortgage. You may have to pay and early repayment charge to your existing lender if you remortgage. Sources: https://www.mortgagestrategy.co.uk/news/mortgage-rates-keep-climbing-as-lender-repricing-continues/ https://www.mortgagestrategy.co.uk/news/mortgage-rates-fall-for-a-second-week-as-more-lenders-make-cuts/

Many hopeful homeowners could be closer to getting on the property than they realise, but they are underinformed about their mortgage options. A survey by the Building Societies Association (BSA) has found that nearly half (47%) of people who want to buy a home have never spoken to a lender or mortgage broker. This means that many prospective first-time buyers (FTBs) don’t fully understand what’s available, so could be missing out on an opportunity to become a homeowner. Even those who have sought advice might have outdated information - 46% of those who have previously explored their mortgage options have not done so in the last year. The mortgage market is constantly evolving in response to interest rates, so there may be new products that better suit their circumstances. Without up-to-date information, buyers risk ruling themselves out unnecessarily. Could homeowning be closer than you think? There is a common perception that now is a particularly difficult time to be a first-time buyer. While affordability is a challenge, perhaps some hopeful homeowners are more pessimistic than they need to be. When survey respondents were presented with mortgage options that require little or no deposit, two thirds (67%) said they could potentially purchase a home sooner than they had thought. This highlights a clear gap between perception and reality, with many prospective FTBs jumping to conclusions without doing the market research. Main barriers to homeownership According to the research, affordability remains the most widely cited obstacle to homeownership, with 64% identifying this as a challenge. Meanwhile, 53% said that saving for a deposit was a key issue, with 59% reporting less than £10,000 in savings. Due to these financial challenges, a third (32%) of respondents believe they will never be able to own a home. Don’t give up Paul Broadhead at the BSA commented, “Too many aspiring first-time buyers assume homeownership is off the table without ever checking what is actually available to them. This research shows that’s a mistake. When people explore the kinds of mortgages building societies offer, many realise they could buy sooner than they thought. A simple conversation with a building society or mortgage broker could open doors that you may not realise were there.” Start the conversation Your homeownership dreams could be closer than you realise, so get in touch for advice. We can access products that you wouldn’t necessarily be able to find on your own. We can also advise if you are eligible for any government schemes that will help you get on the property ladder. Your home may be repossessed if you do not keep up repayments on your mortgage. Source: https://moneyage.co.uk/47-of-aspiring-buyers-have-never-spoken-to-mortgage-broker-study-finds.php

Analysis suggests that many UK homeowners don’t have the correct level of insurance, regardless of their property’s value. According to the research, most Brits are either paying too much or too little for their home insurance. Concerningly, only 7% of UK properties are accurately insured, while 70% are underinsured and 23% are overinsured. Understanding rebuild costs The level of cover you need is based on the hypothetical cost of completely rebuilding your home if it was completely damaged. This helps the insurer to ascertain the maximum amount they would need to payout in the worst-case scenario. The rebuild cost can often be confused with the sale price of your home, but these are very different figures - for insurance purposes, you need to consider the price of labour, materials and other associated costs. Lower-value properties Owning a lower-value home does not necessarily mean it’s easier to insure accurately. In fact, these properties are the most likely to be uninsured – the research shows that 78% of properties insured for between £250,000 and £750,000 do not have sufficient cover in place. This shortfall is often because homeowners rely on rough estimates of the rebuild costs, rather than obtaining a professional assessment. Over time, rising construction costs could cause this shortfall to widen further, increasing the amount that the policyholder has to pay in the event of a claim. Higher-value properties At the other end of the market, overinsurance becomes more common as sums insured rise. Among properties insured for between £5m and £10m, 49% are overinsured, while 41% are uninsured. This suggests that, as property values rise, homeowners become more cautious about underinsurance and, as a result, overestimate rebuild costs. While this approach may feel safer, it can lead to unnecessarily high premiums. Expert opinion Johnny Thomson, Head of Strategic Planning at RebuildCostASSESSEMENT.com, commented, “These findings reinforce the need for regular rebuild cost assessments at every level of property value. Accurate valuations remove uncertainty, support better decisions, and help ensure claims outcomes meet expectations.” Seek advice It doesn’t matter how much your property is worth – the research indicates that inaccurate insurance is a problem across the board. Seeking professional advice now could save you from paying more than you need or prevent an expensive surprise when you make a home insurance claim. Get in touch with us to review your level of cover. As with all insurance policies, conditions and exclusions will apply Sources: https://www.rebuildcostassessment.com/post/why-insurance-accuracy-fails-at-every-level-of-property-value

Recent research has found that half of UK homes increased in value last year. According to Zoopla, 15.2 million properties gained value by an average of £9,900 in 2025. Within this group, 3.1 million homes saw particularly strong growth, rising by more than £20,000. In contrast, 9.1 million households saw a decrease in value by an average of £10,800. In England, the North West recorded the highest proportion of homes rising in value (72%), followed by the North East (67%). The South West reported the largest share of homes losing value (46%), closely followed by the South East (44%). Despite some areas dropping in value, the longer-term picture is more positive for households across the UK; between 2020-2025, the average seller saw their house increase in value by an average of 20%. Source: https://business.zoopla.co.uk/half-of-all-uk-homes-gained-value-in-2025

A survey has found that many homeowners don’t review their protection cover when remortgaging. Only 18.6% of respondents said they properly reviewed their protection when they remortgaged, while 64% did a cursory check and 17% did not review their cover at all. This suggests that many UK homeowners may have policies that no longer meet their needs due to changes in income, lifestyle and family circumstances. As a result, some households could find themselves in a vulnerable financial position if they were affected by death or illness. Take a moment to review your cover now – it could be a vital safety net in the future. As with all insurance policies, conditions and exclusions will apply. You may have to pay and early repayment charge to your existing lender if you remortgage Source: https://www.vitality.co.uk/media/speculation-of-spring-rate-cuts-drives-expected-remortgage-surge/

It’s important to ensure that you and your family have the right level of protection, without paying more than is necessary. Everyone is different and will require their own amount of protection cover to reflect their specific needs. It’s therefore strongly recommended that you work with a professional adviser like ourselves who can source a policy that is tailored to you. The cost of your protection will depend on a range of factors, including your health, the amount of cover required and the policy term. If you’re concerned about affording cover, it’s important to consider what is most important to protect. For example, life insurance is essential for families – it can give you peace of mind that your partner and children would be financially supported in the event of your death. However, someone who doesn’t have dependents might choose to prioritise income protection insurance, so they have a safety net if they are unable to work due to illness or injury. Circumstances can easily change, so it’s important to review your policy regularly. As your needs evolve, we can help you to adjust your policy accordingly. As with all insurance policies, conditions and exclusions will apply. Source: https://www.moneyhelper.org.uk/en/everyday-money/insurance/how-much-does-protection-insurance-cost

Insurers paid out a record amount in property claims last year, but the average cost of home insurance declined in Q4. According to the ABI, claims payouts reached new highs last year, costing home insurers a total of £6.1bn. This is mainly due to a rise in storm and flood damage, with weather-related claims accounting for £1.2bn of payouts in 2025 (14% more than the previous year). Within this, storm payouts totalled £244m, up 32% annually, with the average payout reaching £2,450. Despite this, the average price of home insurance declined by just over 1% in the final quarter of 2025. While this will be a relief for policyholders, premiums are still an average of £29 higher than in Q4 2023. As with all insurance policies, conditions and exclusions will apply Source: https://www.which.co.uk/news/article/whats-happening-to-home-insurance-premiums-a3EjJ5O6GVvP