77% of Scots have never checked the flood risk of their home

A new YouGov survey found that 62% of respondents have never checked the flood risk level of their home, but the people of Scotland in particular are the least likely to have carried out any checks (77%). https://www.propertyreporter.co.uk/household/majority-admit-to-never-checking-their-homes-flood-risk.html read more

Nearly 75% of tenants do not have life insurance/CIC

Research by Sainsbury's Bank found that only 26% of tenants are likely to have a life insurance or critical illness policy despite 54% of being more concerned than homeowners (48%) about passing away before old age and 21% worrying about it on a weekly basis. https://www.propertyreporter.co.uk/landlords/almost-three-quarters-of-tenants-have-fallen-in-to-the-protection-gap-and-have-no-life-insurance.html read more

Just more than half of all mortgages are covered by life insurance

According to a worrying new report from Scottish Widows, half of the UK’s mortgage holders have no life cover in place. This equates to 8.2 million people who have left themselves and their families financially exposed should the worst happen. The research also found that only 20% have a critical illness policy, leaving many more millions at risk of financial hardship or losing their home if they were to become seriously ill. 33% admit that if they or their partner were unable to work for six months or longer due to read more