Our Customers Love Us!

Home Insurance

Get a Quote

Get Quote

Home / Property Insurance / Home Insurance / Hot Property Information

Hot Property Information

Hot Property Information

Buying a property abroad is no longer the preserve of the rich and famous, it is believed that as many as 30% of Brits have considered either buying a second home abroad, or selling up and moving altogether. Brits have seen substantial increases in the equity value of their homes and many European countries with there open spaces and warmer climates seem very appealing.

Spain and France are of course perennially popular there are now some 250,000 Brits owing property abroad and this is set to increase further in the coming years. Although property prices in many European countries have seen some dramatic increases in recent years, they are still lagging behind the United Kingdom and many first time buyers who cannot afford to get on the property ladder here are purchasing property abroad, in the hope that they can ride the wave, sell up and be able to get on the ladder in Britain. Statistics show that half of overseas purchases in recent years have cost less than £100,000.

With the recent admission to the European Union, purchases are starting to be made in Bulgaria, Romania, Slovenia, Slovakia and Lithuania but according to investment specialist Assetz, a company that charts house price growth in the United Kingdom as well as overseas, it's the Polish market that is currently on fire. In the first three months of this year, Poland has seen a massive 165% return and looks set to continue to do so. Strangely enough, at the other end of the scale prices in Germany were stagnant and in some cases prices were falling. However, there are stirrings of activity and there have recently been a number of property exhibitions in London offering property in Berlin. Bulgaria, has proved very popular of late and there seems to be a never ending list of properties for sale with many advertisements in the newspaper property sections Bulgaria has seen many British first time buyers move in to the markets, buying substantial amounts of cheap property, recent reports suggest though that the Bulgarian market is beginning to turn it's focus on to more expensive properties and wants to cast off it's cheap property image.

Whilst many people are using these more esoteric European markets in the hope of buying cheap property to get a footing on the property ladder, it is Spain which still leads the way. It's still the country that most people would like to retire to and many investors are adding to there portfolios buying up properties often for rental purposes and perhaps to use as Holiday property. The Spanish market is considered safe, it is well developed, stable and it is fairly easy to obtain finance for property there. The British simply love Spain and many, homeowners have released Equity from their homes to purchase property.

Interest rates are lower than in the United Kingdom, making property more affordable but prices in certain regions of Spain may now have peaked. Certainly, there has been a fair amount of bad publicity regarding the sale of Spanish property in the last twelve months and anyone considering a purchase should look to obtain the best legal advice possible. Property prices on the Costa region are now pushing a lot of people to purchase further inland and many new' Golf' style developments are springing up away from the traditional coastal areas.

Latest News & Advice

Woodworm Dry Rot

Woodworm Dry Rot

Woodworm, Dry Rot and Wet Rot. One of the most costly maintenance problems for homeowners is woodworm, dry rot and wet rot. If left untreated it can huge amounts of damage to the interior of your home. There are treatments and remedies to prevent it’s spread and to eliminate the problem it becomes critical. Woodworm is most commonly caused by the furniture beetle which leave larvae boreholes inside the major woodwork elements of a property. These area include the roof timbers, joists, staircase and floorboards. Woodworm can also infest ordinary household furniture causing a home insurance claim problem....

Types Door Window Locks

Types Door Window Locks

Types of Door and Window Locks – when purchasing a home insurance policy, you may find that your insurance company want you to have certain security measures in force at your property. These should be studied most carefully as without the correct protection being in force, you may find your cover compromised in the event of a claim. For most people, this involves having good quality door and window locks. Good physical security at your property, will be of a far greater benefit in deterring Theft than having an alarm fitted, but not being a lock expert, have do you discover if you have the correct locks fitted at your home?...

Subsidence Structural Problems

Subsidence Structural Problems

Preventing or Dealing with Subsidence and Structural Problems.Whilst subsidence is usually covered by a building insurance policy, it is definitely something that you do not want to happen at your property if at all possible. Claims for subsidence can be on the large side ( hence the reason for the standard policy excess being £1000) and even if the building is repaired by the insurance company, you may find that’s in the future, insurance is harder to source ( and possibly more expensive) and the market value of the property and it’s marketability may also diminish...

Why choose our specialist insurance cover?

Artboard 2 copy 18

Home Insurance from Assetsure icon-thin-chevron-down

Our Home Buildings Insurance is 5 star rated by Defaqto and you have an option to add Contents and Personal Effects as well.

Artboard 2 copy 20

Legal Assistance as Standard icon-thin-chevron-down

All our policies include Legal assistance as standard up to £50,000 This offer Legal protection for problems relating to employment, contracts, property and personal injury etc.

Artboard 2 copy 21

Home Emergency as Standard icon-thin-chevron-down

All our policies cover Home Emergency as standard up to £500. this offers protection against unexpected events such as the failure of your main heating system, blockage of drains or failure of your domestic gas or electricity supply

Artboard 2 copy 22

£1,000,000 Cover for Buildings icon-thin-chevron-down

We automatically provide you with £1,000,000 cover for rebuilding cost of your property, ideal if you are unsure of your re-building cost.

Artboard 2 copy 17

Excellent service offered icon-thin-chevron-down

We like to offer all our customers a first class service, which is backed up by our Trust pilot ratings. We are open 7 days a week to assist you with your enquiries.

icon-instant_cover

Instant cover and policies icon-thin-chevron-down

Most of our policies you can now buy online and receive instant documentation. Of course, you are more than welcome to call us and we can provide your cover over the phone