What does 'Contents Insurance' mean?

Chapter 14: Viewing Properties and Making Offers

"... auction. They are properties that no lender will accept a mortgage application on and this might be because: They are structurally unsound and no insurance company will cover them They have no inside bathroom The lease is extremely short (see below) They have no kitchen -..."

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Chapter 17: The Property Buying Process in Theory

"... insurance - your solicitor will want to know that the property is either currently insured or that someone is prepared to insure it. The easiest way to confirm this is to find out who is covering the property at the moment. This is essential if you are applying for a mortgage because, should the structure burn to the ground the day after you move in, the lender will be able to recover the money you have borrowed. If you are purchasing for cash you will still want to have the same piece of mind...."

"... look like and your solicitor believes that the one provided is inadequate. The buildings insurance on the property may not be adequate for the lender you have chosen even though it was fine for the vendor's lender. The guarantees on work carried out on the property are from companies no..."

"... below). Fixtures and Fittings List: From the vendor (see below). Building insurance: From the vendor or if he does not have it, from the insurance company once the vendor provides him with the company name and policy number. Guarantees: From the vendor (see below). Planning Consents (where..."

"... of where the Title Deeds are or the Title Deeds themselves A Sellers Questionnaire A Fixtures and Fittings List A copy of the current buildings insurance Any guarantees he has concerning work that has been carried out on the property Copies of planning consent or building..."

"... days to agree what should be included on the fixtures and fittings list The vendor cannot find details of his current building insurance and has to ask the insurance company to send him a copy of the current certificate The vendor has told you something is under guarantee but cannot find the..."

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Chapter 20: What a Property Survey Really Means

"... in one direction. If it is subsiding it will need to be underpinned. Its messy but not expensive as long as the property is covered by insurance and in almost all cases houses are because subsidence is a common phenomena and therefore mortgage lenders insist on it. If you really like a..."

"... and therefore mortgage lenders insist on it. If you really like a property and it is subsiding, buy it! The subsidence will be rectified under insurance and you will have an underpinned property which adds value when selling on. You should also remember that just because the..."

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Chapter 21: Legal Matters in Property Purchases

"... solicitors fight with each other and delay the purchase; How to get documents faster than your solicitor can; What to consider when organising property insurance; How the drains could cost you a fortune; When to take a view and when to take a stand; How to stop small details..."

"... to include with the sale? The Sellers Pack Does the vendor know of any reason why a buyer would not want the property? insurance Is the building insured and if not, why not? Planning Consent and Building Regulations Approval If any changes were made to..."

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Chapter 22: Why Vendors are Poorly Prepared

"... list Any planning consents (if applicable) Any building regulation certificates (if applicable) Any guarantees (damp, roof, etc.) The building insurance details The local search (If the HIP is still valid) If the property is leasehold The last three years service charge accounts The..."