Buildings & Contents

Buildings and contents insurance is also known as home insurance.

It is a combined insurance that will cover or replace any damage that might occur to the building itself or its contents. This cover is compulsory when arranging a mortgage on a freehold property.

It is possible to get the two insurances separately, although most providers offer them as a combined cover.

At 360FS, we only recommend a Buildings + Contents policy if it has been rated as 5 star Defaqto based on the features and benefits it can offer.

Buildings insurance

This insurance covers your house in case of a disaster where your house is so badly damaged that it needs to be completely rebuilt. The event which caused the damage must have been completely beyond your control, for example storm or flood damage, a major fire, smoke or explosions, water leakage/burst pipes, subsidence, or third party vandalism. The policy will have a rebuild cost which will be detailed by the mortgage valuation you have completed.

Contents insurance

This covers all items in your house which are not fixed to the property, for example your furniture, jewellery, appliances and clothing.
Contents insurance will cover you in most of the same situations as buildings insurance, but also includes theft. Again, any of these perils must have been beyond your control.
As well as the most basic cover, there are a number of optional extras, available for an additional price:

Optional Extras

Accidental building damage – This includes damage which you cause to the house, for example whilst doing DIY.

Accidental contents damage – If you cause damage to any of the contents of your house by accident, spilling a glass of wine over a carpet for instance.

Optional Extras

Accidental building damage – This includes damage which you cause to the house, for example whilst doing DIY.

Accidental contents damage – If you cause damage to any of the contents of your house by accident, spilling a glass of wine over a carpet for instance.

Personal belongings – This will cover personal belongings, such as iPods, computers etc, regardless of whether they are stolen or damaged in the house.
Home emergency – If an emergency, such as a burst pipe, occurs within the house, this type of cover will provide you with a tradesman that you can call out for free. It is usually 24 hour cover, and will generally only cover you for a certain amount of work, on average up to £250 (including call-out charge, materials and labour).
Legal expenses – Some buildings and contents insurance will also cover you if an accident occurs within your house or on your property, and another person is hurt. This legal liability, although rarely needed, could cover you in situations where people will sue if the accident was caused by something or someone within the house.

Enquire below:

Personal belongings – This will cover personal belongings, such as iPods, computers etc, regardless of whether they are stolen or damaged in the house.
Home emergency – If an emergency, such as a burst pipe, occurs within the house, this type of cover will provide you with a tradesman that you can call out for free. It is usually 24 hour cover, and will generally only cover you for a certain amount of work, on average up to £250 (including call-out charge, materials and labour).
Legal expenses – Some buildings and contents insurance will also cover you if an accident occurs within your house or on your property, and another person is hurt. This legal liability, although rarely needed, could cover you in situations where people will sue if the accident was caused by something or someone within the house.

IMPORTANT

Your home may be repossessed if you do not keep up repayments on your mortgage

Our typical fee is £495, but a fee of up to 1% is payable in some instances.

 Some commercial mortgages and most buy to let mortgages are not regulated by The Financial Conduct Authority.

360 Financial Services Limited is an appointed representative of New Leaf Distribution Ltd which is authorised and regulated by the Financial Conduct Authority.
FCA Number 460421

New Leaf Distribution: 1st Floor, Princess Caroline House, 1 High Street, Southend on Sea, Essex, SS1 1JE

What Our Clients Say

"Having used 360 Financial Services to obtain my first mortgage I received a first class service with a personal touch. I cannot recommend this company enough, provided excellent knowledge of the products offered so I really had a good understanding of all the options before making a decision. I will definitely be using their services again when re-mortgaging."

Sam – (First Time Buyer – Shared Ownership)

"360 Financial Services delivered what 3 other Brokers couldn’t.
Ours was a complex case and Jamie made it look easy. 360FS are miles ahead of the competition & I would recommend them without hesitation."

Ben & Rachael – (Buy to Let)

"We needed a Broker who could think outside of the box, move quickly and control the process. We were not disappointed and I would definitely use them again!"

Paul – (Commercial)

"Jamie found us an exclusive rate that was market leading and he let me know well in advance so we could take advantage of it. Always proactive and he has saved us a fortune over the years. Would highly recommend 360 Financial Services to anyone! "

Drew & Sarah (Re-mortgage – Capital Raising)

"I would highly recommend 360 Financial Services to anyone. I applied for my first mortgage so all of this was very new to me. The advice given to me was brilliant and I was receiving constant updates in terms of the best mortgage for me. It was a very friendly service and I would not hesitate to use them again in the future."

Adam – (First Time Buyer)

"Well informed, helpful, outstanding service. Great value for money."

Bill – (Buy to Let)

"Our advisor could not have been more helpful and speedy in his advice regarding our quite complex re-mortgage application. He simplified a minefield of issues and secured a great mortgage offer, very quickly.
The best part of the service was Charlie who was extremely proactive keeping us sane throughout a tricky process."

Helen & Stuart – (Re-mortgage)

"We knew we had to arrange life cover but didn’t really know where to start with it all. Matt explained all of the available options and created a package that suited our monthly budget. We know the exact cover we have and feel so much better that we are suitably protected against any surprises life throws at us."

Dan & Mia – Life Cover

"As first time buyers, we had no idea of the process but Jamie and Asad were amazing!
They explained everything clearly and were with us through every step of the journey. Thank you!!!"

Danny & Anne-Marie – (First Time Buyers)

"I received very helpful advice from 360 financial services. Staff were well informed about mortgage packages available and kept me updated on the progress of my application in a timely manner. Very professional and friendly service."

Christine & Phil – (Buy to Let)