Home insurance warning for DIY enthusiasts
DIY enthusiasts have been urged not to let their enthusiasm get the better of them this weekend or risk invalidating their home insurance policy. According to price comparison site Confused.com, Bank Holidays are seen by many as the perfect time to carry out home improvements, despite the fact that "half of the jobs" carry a risk of invalidating a claim. However, by following certain simple guidelines the chance of this occurring can be significantly reduced, said Debra Williams, the site's managing director.These include informing insurers of even the most minor work, such as changing a lock, and ensuring that windows are not left open to leave paint dry overnights. Just as important is that workmen are not given keys with which to access your home, since despite the convenience that this seems to offer it could invalidate your home insurance cover in the event of a theft. It is also prudent to tidy up work tools once the working day is done, she added, since these make it easier for thieves to break in.
Share this..
Related stories
UK government seizes £4 billion of Icelandic assets in UK
In a move which has been welcomed in the UK but may well backfire in the overseas political scene it has been confirmed that the UK government has seized £4 billion of Icelandic assets held in the UK. The £4 billion figure is in excess of the £3 billion which is said to be owed to UK investors by Iceland's financial system. So what next?
While initially the Icelandic government...
UK stock market powers ahead again
The UK stock market has today pushed beyond the 5150 barrier as investors again latch on to optimistic economic data and comments from various companies. Despite the fact only a few days ago there had been indications that investors were running out of steam, the market has picked up again and appears to be going from strength to strength.
However, it is also worth remembering tha...
Are the MPC taking inflation seriously?
Yesterday's revelation that one member of the MPC voted in favour of increasing UK base rates to 0.75% surprised some analysts although others believe the MPC may not be taking the threat of inflation seriously enough. So what impact would inflation have on the UK economy? Inflation, if left to spiral out of control, has a massive impact upon the relative spending power of the UK population. Th...
Read MoreMore than a third of Brits bank online
A decade after the advent of internet banking, a report from Nationwide shows that 37 per cent of British people now manage their money online. Half of those who bank online said it was easy and 53 per cent said they found it convenient. One user in nine accesses internet banking as they can not always get to their local branch and one in 25 preferred the paperless process. Over half of online ban...
Read MoreUK GDP growth revised upwards
UK GDP growth was surprisingly revised higher by the Office for National Statistics with the initial figure of 1.1% economic growth for the three-months to the end of June revised to 1.2%. It would appear that there was exceptionally strong data from the construction industry which caused the revision even though many analysts had expected an unchanged figure. So what does this mean for the UK eco...
Read More