Insurance Companies and Flood Risk: What You Need To Know

Insurance Companies and Flood Risk: What You Need To Know

The frequency and severity of flooding in the UK is on the rise, representing the most significant risk of climate change to the country’s infrastructure. In 2007, the total cost of flooding and coastal erosion to the UK’s infrastructure exceeded £700 million. By 2016, this had risen to £440 million. Global warming threatens a general temperature increase of 4 degrees celsius by the 2080s, with the annual costs to UK insurers to cover flooding predicted to reach £27 billion a year by that decade.

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Why Should You Complete A Lendability Check?

Why Should You Complete A Lendability Check?

Whether you’re buying or selling a home, knowing how a bank is going to assess the property with regards to lending against it is obviously a very important matter. For home buyers, knowing how a bank is going to react to a mortgage request is a crucial factor in your decision to purchase or not.

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Do You Know What’s Lurking In Your Property’s Title Deeds?

Do You Know What’s Lurking In Your Property’s Title Deeds?

Title Deeds contain a wealth of information on a property and its land. As well as showing the chain of ownership from the beginning, the Title Deeds also provides important insight into aspects such as restrictive covenants, liabilities pertaining to the structure and boundaries of the property, the price paid for the property at each sale, how long is left on the lease, and so on. In short, they are full of invaluable information to any prospective buyer of the property. Likewise, for current owners, the Title Deeds are also the key reference point for the above information, which might be required at any point for one reason or another.

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The importance of transparency and empowering the consumer.

The importance of transparency and empowering the consumer.

It’s vital that homebuyers gain early and comprehensive access to the vital information regarding the property they are looking to buy. If not, they risk being lumbered with a home filled with problems they would much rather have avoided.

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