Call us
01242 697821

Blogs

Keep up to date with the latest news and our guides on all things mortgages. 

Ensure your valuables are secured in 2024

Whether you're a homeowner or renting, if someone in your household has received a high-value gift for Christmas, don't forget to ensure your belongings are covered with your home insurance policy.

Here's a brief guide to help you navigate the ins and outs of safeguarding your high-value items:

1. Review your home insurance policy

Start by reviewing your home insurance policy. Take note of the coverage limits for personal property and any special items like jewellery, electronics, or collectibles. High-value gifts may exceed these limits, so it's essential to assess whether you need additional coverage.

2. Schedule valuables individually

If your policy limits are not sufficient to cover your high-value items, consider scheduling them individually. This involves creating an itemised list of specific valuables along with their appraised values. Scheduling items provides a more comprehensive and tailored coverage for your most prized possessions.

3. Understand coverage types

Home insurance typically covers a range of perils, including theft, fire, and certain types of damage. However, policies may differ in their coverage. Make sure you understand what perils your policy protects against and if any additional endorsements or riders are needed for specific risks, such as earthquakes or floods.

4. Keep records and receipts

Maintain a detailed inventory of your possessions, especially high-value gifts. This includes serial numbers, purchase receipts, and appraisals. Having a well-documented record can expedite the claims process in case of loss or damage.

5. Notify your insurance provider

If you've received a high-value gift, notify your insurance provider promptly. They can guide you on the necessary steps to update your policy or add extra coverage. Failure to inform your insurer about changes in your valuable possessions may result in inadequate coverage when you need it most.

6. Regularly update your coverage

Life changes, and so do our belongings. Periodically review and update your home insurance coverage to ensure it reflects the current value of your possessions. This is particularly important after significant life events like weddings, home renovations, or, of course, receiving valuable gifts.

Ready to discuss your home insurance needs?

SPEAK TO AN ADVISER

Related

6 Reasons you need life insurance

6 Reasons you need life insurance

If you’re looking into Life Insurance but are still on the fence whether to go ahead, check out the...

Read More >
Can I use equity release to buy a new home?

Can I use equity release to buy a new home?

Whether you are looking to purchase a new home to move into or purchase a property for a family memb...

Read More >
Make your mortgage review a priority in 2024

Make your mortgage review a priority in 2024

For most of us, our home loan represents one of the most significant financial commitments of our li...

Read More >
Avoid these mistakes when buying insurance

Avoid these mistakes when buying insurance

General insurance—whether it’s for your car, home, travel, or health—is a crucial financial safet...

Read More >
Lifetime Mortgages: How to spring refresh your home with calm and wellness

Lifetime Mortgages: How to spring refresh your home with calm and wellness

Make your home a place for peace as we close in on those chilly winter months. We show you how you c...

Read More >
Unlock extra benefits with your health insurance

Unlock extra benefits with your health insurance

Let’s dive into unlocking extra private health insurance benefits. Such as a second opinion on a ma...

Read More >

What our clients say...

Latest Blog

Your Guide to Medical Underwriting

Let’s be honest, insurance can often feel a bit overwhelming when going through the fine print! Whe...
Read More

When Might an Insurer Not Pay a Claim?

We often get asked, when might an insurer not pay a claim? I understand how frustrating it can be wh...
Read More

Have You Heard of the Term ‘Mortgage Prisoners’?

If you’re a homeowner in the UK, you might have heard the term “mortgage prisoner” being thrown a...
Read More

Life Cover Isn’t a Nice Option to Have - It's Essential

Life is unpredictable, and the thought of what would happen to your loved ones if you were no longer...
Read More

Why It Pays to Speak to a Mortgage Broker Six Months in Advance

When it comes to buying a property or remortgaging in the UK, most people don’t think about mortgag...
Read More

Top tips: How to Boost your Income

We’ve scoured the internet and swapped tips around the office to find simple (and sometimes a bit c...
Read More

Health Insurance Isn’t Just for Emergencies

When people think of private health insurance, they often imagine it’s only there for the big stuff...
Read More

How Homeowners Over 55 Can Fund Their Garden Retreats

Over the past few years, many homeowners have discovered the value of creating dedicated spaces in t...
Read More

Buildings & Contents Insurance Has Your Back

When disaster strikes, from a burst pipe, a kitchen fire, or a break-in, you need buildings and cont...
Read More

Understanding Protection vs Insurance: What’s the Difference?

You may have heard the terms “Protection” and “Insurance” (like critical illness insurance and l...
Read More


Fairview Financial Ltd is an appointed representative of The Right Mortgage Limited, which is authorised and regulated by the Financial Conduct Authority. Fairview Financial Ltd is registered in England and Wales no: 10912424. Registered office: 107 Promenade, Cheltenham, GL50 1NW.

The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.

@ 2020 by Fairview Financial

Our Fees        

A fee may be charged for mortgage advice. The exact amount will depend on your circumstances.

Our standard fee for mortgages is £395 and this is paid when the mortgage is offered. We charge a fee of £295 First-Time Buyers. Other fees may apply depending on the complexity of the work involved or loan amount. The maximum fee we can charge is £795.

Our standard fee for Equity Release is £895 and this is paid on completion.

We also receive a commission from the lender that will vary depending on the lender, product or other permissible factors. The nature of any commission model will be confirmed to you before you proceed. If we receive a commission, this will not affect the cost payable by you.

THINK CAREFULLY ABOUT SECURING OTHER DEBTS AGAINST YOUR HOME.

YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBTS SECURED ON IT.

BUY TO LET MORTGAGES ARE NOT REGULATED BY THE FINANCIAL CONDUCT AUTHORITY.

EQUITY RELEASE: THIS IS A LIFETIME MORTGAGE. TO UNDERSTAND THE FEATURES AND RISKS, PLEASE ASK FOR A PERSONALISED ILLUSTRATION. CHECK THAT THIS MORTGAGE WILL MEET YOUR NEEDS IF YOU WANT TO MOVE OR SELL YOUR HOME OR YOU WANT YOUR FAMILY TO INHERIT IT. IF YOU ARE IN ANY DOUBT, SEEK INDEPENDENT ADVICE.


  • Back to top