Oakwood Finances
01303 621511 - Folkestone, Canterbury, Ashford, New Romney, Margate
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Oakwood Finances Insurance Provision

Insurance

Oakwood Finances Insurance Provision

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Oakwood Finances: Home Contents and Buildings Insurance
Oakwood Finances: Home Contents and Buildings Insurance

Home Buildings & Contents Insurance

Home Insurance is for your home's contents such as TV's, clothes carpets etc. 

Buildings Insurance is for the property itself from the footings to the roof. It will come into force if you suffer weather damage or burst pipes for example. It should be enough to pay for a rebuilding of the property.

Home Insurance.

Having the correct level cover for your home contents is necessary or you will be under-insured and and claim you make will receive a lesser payment.

By using Oakwood Finances we will advise on the level of home contents insurance needed and prompt you about thinks that you may over look. Typically you will need to list a value for:

  • office equipment in the home: such as computers, printers, screens and shredders etc.
  • cash left in your home
  • contents of your shed garden and garage
  • cost of replacing locks and keys
  • clothing
  • kitchen equipment
  • media equipment - smart TVs, audio equipments smart devices

Buildings Insurance.

When your own your home it is a requirement to have buildings insurance and when you purchase a property the buildings insurance needs to be in place for you to be able to exchange contracts. Oakwood Finances will advise on the buildings  insurance cover you need. If you have a mortgage or other property loan then it will be a condition of the mortgage that you have adequate cover. Typically buildings cover will provide insurance for the following:

  • Flood Damage
  • Damage to walls, structures and sewers caused by subsidence
  • Weather damage to roofing and the fabric
  • Frozen pipes and damage caused

Oakwood Finances will be able to advise on a tailored product suitable for your building type, the area you live in and any other requirements such as periods of non-occupation. Please contact me for guidance. 

Ian Brown trading as 'Oakwood Finances' is an appointed representative of Connect IFA Limited 441505 which is Authorised and Regulated by the Financial Conduct Authority and is entered on the Financial Services Register under reference 843578. The FCA do not regulate Business Buy to Let Mortgages or Commercial Mortgages to Limited Companies. The guidance and advice contained within this web site Is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK. Oakwood Finances operate throughout Folkestone, Canterbury, Ashford, New Romney, Margate and surrounding areas in Kent, United Kingdom.

-- Your home may be repossessed if you do not keep up the payments on your Mortgage --

There will be a fee for mortgage advice, the precise amount will depend upon your circumstances. Your Consultant will confirm the amount before you choose to proceed but we estimate it to be 0.75%.

Commission Disclosure: We are a credit broker and not a lender. We have access to an extensive range of lenders. Once we have assessed your needs, we will recommend a lender(s) that provides suitable products to meet your personal circumstances and requirements, though you are not obliged to take our advice or recommendation. Whichever lender we introduce you to, we will typically receive commission from them after completion of the transaction. The amount of commission we receive will normally be a fixed percentage of the amount you borrow from the lender. Commission paid to us may vary in amount depending on the lender and product. The lenders we work with pay commission at different rates. However, the amount of commission that we receive from a lender does not have an effect on the amount that you pay to that lender under your credit agreement.