Insurance News Archive
- 29 Dec 2006
£436 Million Allocated For Flood Protection
Earlier this month, climate change and environment minister Ian Pearson allocated £436 million to the Environment Agency to fund flood management activities, a move which may benefit many property owners. - 28 Dec 2006
House Prices Set To Continue Growth In 2007
According to the group, house prices are set to grow by between five and eight per cent in the next 12 months, on the back of strong market growth in December. - 27 Dec 2006
Estate Agents Remain 'sceptical' Over Hips
According to Peter Bolton King, chief executive of the National Association of Estate Agents (NAEA), the 92 per cent of estate agents who believe the new law should be repealed have not "altered" their opinion. - 22 Dec 2006
Buy-to-let Market Set For Buoyant 2007
Buy-to-let provider Paragon claims that property investors will be able to increase their portfolio by six per cent in the coming year. - 21 Dec 2006
Property Owners Warned Over Christmas Fire Threat
Research carried out by Lloyds TSB shows that claims for fire damage increase by more than two thirds over Christmas and reveals that many property owners are not alive to the potential threat. - 20 Dec 2006
Property Owners Called To Take Flood Prevention Measures
According to Paul Redington, property claims manager at insurer Norwich Union, people living in flood-prone areas can do "simple" things such as purchasing air brick covers and flood skirts, barriers placed by front doors if flooding appears imminent. - 19 Dec 2006
Hips To Have 'minimal' Benefits For Property Buyers
Asked whether they would have much effect on the property market in their current form, Paul Holmes, chief executive of Firstrung, said: "I think it's stage one, and it's very typical of our country to shy away from drama." - 18 Dec 2006
- 18 Dec 2006
Flood Damage Warning To Property Owners
Paul Redington, property claims manager at Norwich Union, says that buildings can take a number of months to repair because properties need to be thoroughly dried out first. - 15 Dec 2006
Commercial Property Returns Rising
The latest survey on UK firms finds that holdings have risen for 31 per cent of commerical property owners, while 11 per cent reported a fall. - 14 Dec 2006
Housing Market To Remain "robust" In 2007
Fionnuala Earley, Nationwide's group economist, said that a buoyant economy, stable interest rates, and a continued shortage of housing supply would contribute to the trend. - 13 Dec 2006
Unsecured Debt Hitting Britons Hard
The council's claims follow research from the Bank of England which shows that ten per cent of people who rent houses and have loans owe more than their annual income.
