Protecting your home if you are taking out a mortgage, is a legal requirement, and it’s important to ensure that you have the right cover. Cheapest isn’t always best!
A Buildings Insurance policy should cover the cost of repairing or rebuilding your home if it’s damaged. It should cover you for events such as storms and floods, fire, vandalism, subsidence and water damage. Contents covers all the items in your home against theft, fire, and flood.
So what items are classed as Buildings and what items would fall under Contents Insurance?
As a general rule, imagine lifting up your house and shaking it upside down. Anything that would fall out is Contents, what remains is Buildings.
Different policies will offer different levels of cover, with more comprehensive policies often covering the following:
If you are a landlord, it is very important that you have specific cover for the home you are renting out. This is often referred to as Landlords cover, and will ensure that the Building is protected, as well as landlord specific contents.
It’s our professional responsibility to ensure that your home and family are protected and that you are aware of the risks involved with taking on a mortgage. We can discuss and help assess your circumstances with you to discover if Buildings and Contents Cover is relevant for you and what level of cover would be most appropriate
Book Meeting Contact Us About Us
Simon Lock
18 April 2024
I have used Wimborne Financial Services multiple times over the years. They have provided a professional, fast and easy to understand service. The advice they have provided me has always provided great value saving me and my family money.
A particular example has been the advice and product recommendations provided prior to recent large interest rate increases.
I would highly recommend.
Andrea and Graham
19 June 2023
Andy has dealt with our financial requirements from soon after he started in business 15 years ago. He was clearly extremely knowledgeable then and having come from another high pressured commercial background knew exactly how to find the best solutions for all of our needs since. If you want straight forward good advice then you will get it and all the mortgages he has done for us over the years have been spot on. Always keeps you up to date on the progress of each event and has been more than happy to offer ongoing advice even when there is no business in the offing.
Would thoroughly recommend
Andrea and Graham - Poole
Georgina Mountney
18 April 2024
Andrew has helped myself and my family with our mortgages for a number of years now. He has always been incredibly helpful and approachable, ensuring we get the best possible deals. Would highly recommend.
A mortgage is a loan secured against your home. Your home may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it.
