Insurance

Research by Final Duties, a probate broker, indicates that the timeline for probate applications in the UK has stretched to 12 weeks, reflecting a 152% increase since the beginning of 2023. Analysis of UK Government data for Q3 2023 reveals an average (median) of 12...

The Office for National Statistics reports a record 6.1% annual increase in private rents in England in 2023, reflecting the sharpest rise on record. Wales experienced the highest annual rent increase in Britain at 7.1%, followed by Scotland at 6.2%, and London at...

An article in the Insurance Times warns Subletting is not covered under most landlord insurance policies,’ repeating a warning by Direct Line’s landlord product manager, Sarah Casey, who said: “With the market having seen an increase in average rents in the last year,...

One in nine holidaymakers say they have accidentally caused damage to a holiday home according to new research by Direct Line business insurance.In one in five cases this damage cost £200 or more to repair. The survey suggests that 25 per cent of people who cause...

The Telegraph are running an article on landlords ‘flocking to auction houses in search of a quick sale after tax changes and rising interest rates killed off their profits.’ It can be seen here (subscription might be required), and goes on to say that ‘A series of...

The Telegraph has run a piece stating 'Eviction delays in the wake of the pandemic and the cost of living crisis are driving a surge in demand for rent insurance as landlords scramble to protect themselves against soaring arrears.' The whole article can be seen here,...