Property Facts Blog

Do your door locks conform to BS3621?
Posted on by Anthony Wakefield & Co

When it comes to filling out home insurance proposal forms, you will most likely be asked about the types of locks your doors have. It is important to make sure

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Jargon-Buster
Posted on by Anthony Wakefield & Co

Insurance can be confusing as it involves a lot of established law and the consequences of getting it wrong can be catastrophic. We can help you understand some common insurance

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Project Insurance
Posted on by Anthony Wakefield & Co

How would you feel if your house collapsed during a renovation project? It’s important that homeowners engage with an insurance broker, such as Anthony Wakefield & Company, who understand renovation risks,

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Party Wall Insurance – What is it, do I need it, and how do I get it?
Posted on by Anthony Wakefield & Co

Party wall insurance, sometimes referred to as ‘Non-Negligent Insurance’, ’21.2.1 Insurance or ‘6.5.1 Insurance’ is a type of liability insurance which responds directly to a liability placed on renovators and

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Valuations
Posted on by Anthony Wakefield & Co

When purchasing insurance, you are likely to be asked how much cover you need. When insuring your home, you need to make sure that you have enough cover for the

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Underinsurance – Buy Cheap, Buy Twice.
Posted on by Anthony Wakefield & Co

Customers who purchase insurance policies can become confused and frustrated if their claim is not met in full. A common misconception is that insurers are trying to save money whereas

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Fibre Digital Migration And The Impact On Your Insurance Policy
Posted on by Anthony Wakefield & Co

The mandatory rollout of the new fibre based digital phone network intended to complete in 2025 is progressing. The sale of analogue lines will cease in September 2023 and new alarm systems

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Insuring Listed Property – Renovation Works
Posted on by Anthony Wakefield & Co

A property in the course of renovation is a tricky proposition to insure at the best of times, but if the structure is listed, this presents an additional challenge. Insurers

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Escape Of Water – Its Causes, Effects, And The Mitigation Strategies
Posted on by Anthony Wakefield & Co

Traditionally the expression ‘Escape of Water’ has not struck quite the same level of fear into the heart of an underwriter  than the word ‘Fire’. However, this peril is actually

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Renovating Thatched Properties: What You Need To Know
Posted on by Anthony Wakefield & Co

It will come as no surprise to the owners of thatched properties that finding comprehensive and effective insurance cover during a renovation phase is challenging. But whilst the vast majority

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Party Wall Insurance – What Is It & When is this actually required?
Posted on by Anthony Wakefield & Co

Renovators can be forgiven for failing to appreciate the importance of party wall insurance. We all tend to have a basic understanding of how liability to third parties works so

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Time to Extend ?
Posted on by Anthony Wakefield & Co

“The perennial question do I move house to gain more space or should I extend my home?” can be an exciting prospect for some homeowners but equally it can prove

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It’s an ill wind…… How the world’s windstorm losses may affect your insurance costs in 2018
Posted on by Anthony Wakefield & Co

2017 has been the worst year in monetary terms for windstorm damage since 2005. That was the year when Hurricane Katrina caused so much devastation. In 2017 the insurance costs of Hurricanes Irma and

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Insurance Premium Tax v Value Added Tax for insurance
Posted on by Anthony Wakefield & Co

Next June Insurance Premium Tax is due to rise from 10% to 12%. It already stands at 20% on Travel policies. Is it now time to consider scrapping Insurance Premium

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Insurance Premium Tax
Posted on by Anthony Wakefield & Co

Insurance Premium Tax is yet another tax that has to be paid with little or no benefit for the people that pay it! Originally set at 5%, by small steps it

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