Latest Insurance News

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- Arson attacks 'underline importance of commercial property insurance'
Bolton News reported that firefighters from Bolton had been called to deal with a number of arson attacks this week, with several commercial properties being put at risk. - Commercial property insurance: Market slowdown 'a pause for breath'
The drop in demand currently being felt by commercial property insurance customers is simply a "pause for breath" after a series of large deals in past months, according to one estate agent. - Restaurant fire 'proves importance of commercial property insurance'
An award-winning farm shop and adjoining restaurant in West Yorkshire have been completely destroyed by fire, highlighting the importance of landlords' commercial buildings insurance.
- Buy to let insurance customers 'to see 6% house price fall'
Buy to let insurance policyholders have been told that average house prices in the UK are set to fall during the remainder of 2010 and may decrease by around six per cent before the end of the year. - Buy to let insurance policyholders' mortgages 'should remain affordable'
An extended period of record-low interest rates would result in mortgages continuing to be "very affordable" for those with sufficient deposits, according to real estate firm Savills. - London buy to let insurance customers see rental market stabilising
Buy to let property insurance policyholders in central London should expect to see rental prices in the capital remain "stable" in the coming months after a year of consistent rises, according to one estate agency.
- East London buy to let insurance customers 'to see Olympics boost'
Since London was awarded the Games in 2005, prices in east London have increased by an average of 26 per cent, while Homerton and Shoreditch have seen average rises of 69 and 53 per cent respectively. - Number of buy to let insurance customers experiencing rental arrears 'horrendous'
The number of buy to let insurance policyholders that have seen tenants falling behind with rent payments in the last three months is "horrendous", the Residential Landlords Association (RLA) has said. - Buy to let insurance customers to be offered 'wear and tear guide'
The buy to let insurance community is set to be given additional guidance on the subject of what constitutes 'reasonably acceptable' wear and tear, with one tenancy deposit firm offering a guide to help landlords.
- Rising credit card debt 'makes buy to let property insurance vital'
As more British consumers struggle to keep up with the monthly repayments on credit card loans, those in private accommodation may also have difficulty paying their landlord and, as a result, fall into rental arrears. - Shop fire highlights landlords' need for commercial property insurance
The Croydon Advertiser reported that the fire, which ripped through the Wing Tai Supermarket in Church Street on Wednesday night, caused chaos as families were forced to evacuate their homes. - Commercial property insurance: UK market is 'patchy'
Commercial property insurance customers may be interested to learn that the UK's commercial property sector has been described as "patchy" and, aside from the London office sector, has "weaknesses", according to one expert.
- Buy to let insurance: Students 'warned about unscrupulous landlords'
The Deposit Protection Service (DPS) and the National Union of Students (NUS) have warned university students to be cautious of unfair buy to let property insurance policyholders.



