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ABI advises homeowners on frozen pipes

With much of the country facing a sudden spell of freezing temperatures, the Association of British Insurers is advising homeowners on how to avoid flooding from burst pipes and making an avoidable insurance claim.

It tells occupiers to turn off the water if pipes or tanks freeze, and using a hairdryer or hot water bottle to defrost the pipe.

In the event of a burst pipe, the ABI advises homeowners to turn off the stop cock and switch off the central heating to avoid further damage.

It reminds people never to touch affected electrical wiring or appliances, and to call a professional plumber or emergency insurance helpline for assistance.


Banks crowned cheapest mortgage lenders for 2002

Banks held on to their crown as cheapest mortgage lenders in 2003, with four banks in the top five and six in the top ten. An annual survey of mortgage costs by financial products researcher Defaqto shows that for standard variable rates or their equivalent, Egg and HSBC were again in the top two spots […]

Half of Britons plan to work after retirement

More than half of Britons plan to work after retirement, in a trend that may mean a number of middle-aged and elderly people delay their application for equity release products. However, one in three plan to retire early in their 50s, shows research by Lloyds TSB Prviate Banking. In contrast to the average Brit, more […]

Charcol anticipates rate cut

Charcol says lenders can be expected to drop the price of fixed rates soon as the possibility of a short-term drop in interest rates increases. Following the Bank of England&#39s decision to leave the base rate at 4% for January, Ray Boulger, senior technical manager at Charcol, says: “There appears to be little chance of […]

Connells appoints southern mortgage services partner

Ron French has joined Connells as mortgage services development partner covering the company&#39s Hampshire, Wiltshire, Berkshire and Southampton areas. French has over 13 years experience in estate agency and mortgage services. He says: “I chose to join Connells because they are a leading estate agency business with a dynamic and progressive approach to our industry. […]

Tackling the housing crisis will take more than money

The latest housebuilding figures from the Department for Communities & Local Government confirm the worst fears of many within the property industry. We are failing to address the housing shortage in any meaningful way. Let’s look at the number of housing ‘starts’, new housing projects where work has begun. In England, work has been started […]


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