19 Oct

Nationwide launches insurance deal for houses for sale in the UK

Nationwide launches insurance deal for houses for sale in the UK

Consumers looking to secure insurance when investing in houses for sale in the UK have been offered a new deal by Nationwide Building Society.

The offer provides a 15 per cent discount to new customers taking out building and contents insurance cover with the provider by January 3rd 2011.

Further incentives will be provided for the company's existing customers, with those who have already taken out mortgages, bank accounts and loans with Nationwide receiving a 30 per cent reduction.

The home insurance provided by the offer will include cover for damage inflicted during storms or floods and unlimited buildings cover for eligible properties.

Nationwide's head of general insurance John Baker said: "We strive to give our customers the best possible cover at the best possible rate, so we are delighted we can reward customer loyalty with a really significant and tangible saving."

According to research from Nationwide released earlier this month, the average value of a house for sale in the UK rose slightly between August and September 2010.ADNFCR-1222-ID-800124412-ADNFCR

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