Self-Build Zone host self build site insurance masterclass at the National Home Improvement Show 2011

Self-Build Zone announces that Simon Middleton, Director at Self-Build Zone hosted a Masterclass at the National Home Improvement show at Earls Court over the weekend.  Simon spoke on the subject of avoiding costly extension, improvement and renovation project insurance pitfalls.

Self-Build Zone are a leading provider of site insurance, the 10 year structural warranty, buildings insurance, technical audits, building control services, health & safety to the self build, extension and home improvement marketplace.

Site Insurance is essential for anyone planning an extension, renovation, conversion or new build project. Self-Build Zone have several different site insurance options to protect your project during the build process, including flexible short term extendable policies as well as the traditional 2 year policy.

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Simon Middleton Interview importance of Structural Warranties for SelfBuilders

Simon Middleton was recently interviewed for SelfBuild.TV about the importance of Structural Warranties for SelfBuilders.

To view the video, please see below: – Structural Warranties from SelfBuilder TV on Vimeo.

About Self Build-Zone:

Self-Build Zone provides site insurance and structural warranty packages for new builds, renovations, extensions and conversion projects from DIY home improvements and new build, to major renovations incorporating large scale alteration, employment of tradesmen and extension work.

Build-Zone and Self-Build Zone are trading styles of Sennocke International Insurance Services Limited. Self-BuildZone Limited is a wholly owned subsidiary of Sennocke International Insurance Services Limited who is authorised and regulated by the Financial Services Authority. Self-Build Zone Limited is a company registered in England with the company number 04693892. The registered office for Self-Build Zone Limited is Anton House, South Park, Sevenoaks, Kent TN13 1EB.

For interviews or comments, please contact our PR agency: SMPR (Simply Marcomms Limited) 0870 199 4044 Email:

CML issues advice to friends taking out first-time buyers mortgages

Groups of friends who are looking at taking out their first mortgage together have been reminded of the implications of such a move.

According to Sue Anderson, an official at the Council of Mortgage Lenders (CML), each individual is responsible for ensuring mortgage repayments are delivered on time, the Daily Mail reports.

Therefore, every person who has taken out one of these mortgages for first-time buyers must fulfil their personal responsibilities.

“If one stops paying, the others have to cover the difference or face losing their home,” she commented.

Ms Anderson added that relatively few first-time buyers mortgages are taken out by groups of friends, which usually means three or more people.

Indeed, she said this type of buyer has never accounted for more than one per cent of the mortgage market.

This comes after Grant Shapps, the housing minister, highlighted this option as one he would “like to see explored”, as products for friends who are “perfectly capable” of meeting monthly mortgage payments but are “struggling” to pay for a deposit without help should be easier to access.

First time buyers have a lot to research, not least, the best deals amongst mortgages for first time buyers.

Source: First Rung Now

For more information from Build Zone about Structural Warranties, 10 Year Structural Warranties, contact the Build-Zone team on (0)845 230 9873 or email

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Number of mortgages at highest level in three years

The number of mortgage products available to UK mortgage intermediaries is at its highest level since 28 April 2008, figures from Mortgage Brain’s Monthly Product Analysis show.

Mortgage products numbers have increased for the seventh month in a row, rising by 4% in June.

As of 4 July 2011, Mortgage Brain’s mortgage sourcing system listed 12,525 mortgage products – up from 11,996 on 30 May 2011.

Positive movement was seen across the board for all main product types with variable rate loans seeing the biggest rise in product numbers at 21% to now represent 1,500 of all available mortgages.

A 6% increase (180 new products) during June saw the number of trackers climb for the third month in a row to 3,237.

Fixed rate products rose for the fourth consecutive month – by 1% – to their highest level since August 2008 and now represent 7,788 of all available mortgage products.

Over 4,000 new fixed rate products have been introduced to the UK intermediary mortgage market over the past 12 months further cementing them as the market’s most popular and dominant product type.

Mark Lofthouse, CEO of Mortgage Brain, commented: “Further encouraging data has been extracted from this month’s product analysis, which is great news for brokers and the mortgage market as a whole.

“Around 4,500 new products have become available during the past seven months alone and healthy increases across the board has seen the number of fixed, variable and trackers climb to their highest level since the summer of 2008.”

Source: Mortgage Finance Gazette

For more information from Build Zone about Structural Warranties, 10 Year Structural Warranties, contact the Build-Zone team on (0)845 230 9873 or email

Subscribe to the RSS of the Structural Warranty blog or Subscribe by Email

House sales and new mortgages up slightly in May, says CML

The number of house sales and new mortgages increased slightly in May, according to the Council of Mortgage Lenders (CML).

Loans for house purchases and remortgaging both grew slightly. There were 41,500 loans for house purchases, up from 40,800 in April, though the total loan value for each month was the same at £5.9 billion. However, despite the increase the amount and levels are still below last years’ levels.

Remortgage lending also increased slightly in May with 29,000 loans advanced, compared to 24,700 in April. Compared to May last year remortgage lending has increased by nine per cent in value, but is still below the peak of March 2011.

Most new borrowers opted for fixed rate mortgages despite the continued low level of interest rates, perhaps because of uncertainty over the future of interest rates and to have the security of fixed payments in a time of rising inflation.

Chris Gardner, a mortgage expert from Obligo said: “The extreme caution of borrowers is highlighted by the popularity of fixed rate mortgages despite the fact that rates are unlikely to rise any-time soon.”

“Many households are in a position such that they cannot even afford to gamble on rates. They have to play a conservative hand and opt for a fix.”

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