Once you’re a homeowner, it’s only sensible to make sure your property is properly protected and insured against risk.
If you have a mortgage, you are required to insure your house against potential damage, subsidence, fire and other risks. You will also want to protect the value of your contents against these risks and theft. If you own the property subject to a mortgage then your lender will want to see evidence that you have at least insured the property before they will advance you the mortgage sum.
In addition to insuring your property though, you may consider it prudent to insure your life. After all, if the worst happens and you are knocked down by the proverbial bus, your property will become part of your estate and, crucially, it will still be held subject to a mortgage that needs to be repaid. If you have no spouse or children then you may feel that this can be somebody else’s problem, but if you have equity in the property you would best protect it by insuring your life and ensuring that if you die, you are able to leave your assets free and clear to your chosen beneficiary.
Exactly what insurance you will need and how best to arrange it is up to you and you may need advice to help you in this regard.
For more information contact us or speak to an mortgage protection advisor on 01628 507477.
Recent posts
Homebuying reform to cut homebuying times by around four weeks, and save first-time buyers around £650, says the government.
Buying your first home is a huge milestone, but it can also be a complex process. There are several factors a first-time buyer should consider before making an offer on a property, including understanding the difference between leasehold and freehold and checking council tax bands.
We’ve detailed some questions you can ask your estate agent to help you make an informed decision.
Best UK Mortgage Rates this Week
Yesterday
Here are the lowest fixed mortgage rates of the week, available to first-time buyers, home movers, buy-to-let, and those remortgaging.
Call us for more information: 01628 507477 or email: team@mortgagerequired.com.
Signs it's time to remortgage
3 days ago
Remortgaging means switching to a new mortgage deal. This will either be with your current lender or a new one.
Getting advice and moving to a new deal when the time is right can mean lower monthly mortgage payments, better interest rates, or releasing equity from your property.
Here are some signs it may be time to remortgage.
According to Nationwide Building Society’s latest House Price Index, house prices dropped 0.6% month on month in May – the first monthly decline this year.
Most Affordable UK Spots for First-Time Buyers
19 May 2026
Research from Lloyds identifies the most affordable areas in the UK for first-time buyers to be able to get onto the property ladder.
On Wednesday, 13th May, King Charles delivered his speech at the House of Lords, outlining the government’s plans for the upcoming year.
Here is a summary of the housing and energy/environment points.
From 18th May 2026, Halifax (part of Lloyds Banking Group) is launching a ‘£5k Deposit mortgage’ to help first-time buyers get onto the property ladder sooner.
More information
Trusted by
