Everyone who is buying their property with the help of a mortgage should be aware that the mortgage company will stipulate that the property must have buildings insurance policy in place at all times throughout the lifetime of the mortgage. Every mortgage company will insist on this policy being in place from the day the mortgage starts, and in fact, some companies insist on receiving a copy of the policy before they release the mortgage funds.
Those people who don't have a mortgage or loan secured on the property would be well advised to have a buildings insurance policy. It is essential for many reasons including accidental damage. If there were to be a fire, for instance, and there wasn't any insurance in place, then all repairs would need to be paid for by the owner. Additionally if another property was damaged through this accident, then the repairs to the other property would also be required to be paid.
It really is essential for every home owner to have buildings insurance and by speaking to the friendly and knowledgeable consultants at UKFCS, we will be able to provide independent and impartial information. We will be delighted to advise you regarding the most appropriate building insurance policy to match your requirements. Having a good buildings insurance policy will ensure that if the unforeseen does happen, then at least the problem can be resolved without a huge cost to the property owner.
Kirk at UKFCS is a very professional and competent broker, he is very trustworthy and we have worked closely for many years helping lots of clients in the process. Highly recommended.By Chris Warner in Harlow, Essex
UKFCS provide a fantastic service. The advice I was given was thorough and jargon free. Everything was done efficiently and they saved me money. I will definitely be recommending them to friends and family.By Sheetal Patel from West London
Authorised and Regulated by the Financial Conduct Authority.UK Financial Consultancy Services Ltd, Registered in England and Wales No.5467810
Registered Office: 33 Darnley Road, Gravesend, Kent, DA11 0SD Your home may be repossessed if you do not keep up repayments on a mortgage or any other debts secured on it.
The overall cost for comparison is 4.4% however the actual rate will depend on your circumstances.
UK Financial Consultancy Services Ltd operate as an intermediary and are not a principal lender
Our FCA registered number is 435495 and can be found on the regulators website at www.fca.org.uk/register