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Magnetic Mortgages
Home
About
Mortgage
Protection
Credit Report
Contact
Home Insurance
Refer a Friend/Family
Reviews
FAQs
Blog
Local Advice Services
  • Newcastle Upon Tyne
  • Cramlington
  • Whitley Bay
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  • Local Advice Services
    • Newcastle Upon Tyne
    • Cramlington
    • Whitley Bay

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  • Mortgage
  • Protection
  • Credit Report
  • Contact
  • Home Insurance
  • Refer a Friend/Family
  • Reviews
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  • Local Advice Services
    • Newcastle Upon Tyne
    • Cramlington
    • Whitley Bay

Home Insurance

Why is Home Insurance Important?

 Buildings Insurance protects your home by making sure you’re covered, if anything unexpected was to happen, for example, a pipe to burst or there is damage to your property. Buildings insurance is usually a compulsory insurance when it comes to getting a mortgage, as it not only protects you from large costs but it protects the mortgage lenders security.


Without cover, you risk having to pay for replacements, or repairs, if something happens to your home or belongings. For example, if they're damaged in a fire or a flood or if your things are stolen.

Contents Insurance covers anything that if you were to turn your house upside down and shake, would fall out. You may think you don't have much, but its estimated by Confused.com that in 2023, the UK average household had around £52k worth of items within their property.


You can also protect specific items of value, whether that be art, jewellery, clothing, or any possession of worth to you.


At Magnetic Mortgage Solutions we want to offer you assistance from the start of your journey to the end, and therefore we offer advice, guidance and support in sourcing the best buildings & contents insurance for you. We recommend products from a range of insurers, making sure you will not only get the highest quality of service from us, but you will from them too.

Contact Us

Magnetic Mortgage Solutions

Clavering House Business Centre, Clavering Place, Newcastle upon Tyne, England NE1 3NG, United Kingdom

0191 323 4568 christian@magneticmortgage.co.uk niall@magneticmortgage.co.uk

Hours

Open today

08:30 – 20:00

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Magnetic Mortgage Solutions

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP PAYMENTS ON YOUR MORTGAGE Magnetic Mortgage Solutions Ltd is an Appointed Representative of PRIMIS Mortgage Network, a trading name of First Complete Ltd. First Complete Ltd is authorised and regulated by the Financial Conduct Authority. The guidance and/or information contained within the website is subject to UK regulatory regime and is therefore targeted at consumers based in the UK. A fee may be payable depending on your circumstances and the complexity of your requirements, any costs will be agreed at the earliest opportunity. The amount we charge is dependent on the amount of research & administration that is required. For instance, we typically charge £199 for residential remortgages and £399 for residential purchases. The fee is payable on application

Copyright © 2024 Magnetic Mortgage Solutions LTD - All Rights Reserved.  Registered Address: Clavering House Business Centre, Clavering Place, Newcastle Upon Tyne, NE1 3NG.   Place of Registration: England & Wales, Registration Number: 15363525 

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