This is often confused with contents insurance. Buildings insurance covers the structure of the building itself and usually includes fittings such as flooring, fitted kitchens and bathroom ceramics (toilets, baths, etc.) It does not cover furniture.
Should you suffer a flood, for example, the repair work will be covered by buildings insurance while damaged furniture and personal belongings are covered by contents insurance.
If you take out a mortgage then buildings insurance is usually compulsory so the bank can cover its' investment.
I'm Tim Hill, Author of How to Really Buy a Property. I'm a property buyer, seller, landlord, tenant and I've been an agent in hundreds of transactions. I own a property portfolio across Europe but that doesn't mean I think you should to!
This book is my collective knowledge and experience that I have gained working within the property market of England and Wales for over a decade. I've written it so that you can benefit from what I have learnt whether you are a first time buyer or a budding buy-to-let investor.
There are no gimmicks here and no get rich quick schemes - just practical no nonsense advice so you can buy the property you want at the best price with the least stress.
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