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As a retiree, it’s likely you’ve paid off your mortgage or are close to doing so, with around 74% of retirees owning their homes outright in 2022-23.
Every insurer has its own limits on coverage for each item, and with Source’s product, Source Home, that limit is set at £15,000.
The big move! Upgrading your status on the property ladder from renter to homeowner. Congratulations! From here, you need home insurance to ensure your new space remains safe while you live there.
Moving homes can be one of the most exciting times in your life. Everyone remembers their first time stepping over the threshold into the place they will call home for years to come.
As someone who bought their first home in June of last year, I received support and advice from my mortgage adviser, those around me who had already purchased property, and by doing research online.
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