The UK property market is "slowly turning a corner", it has been claimed by one sector expert.
When hunting for a new home, people should check that their
home insurance covers them for the financial cost of any damage to their new property.
Recent figures from HM Revenue and Customs shows that last month, 60,000 property transactions worth more than £40,000 took place, a rise from 43,000 in February.
According to residential and commercial property consultancy firm Knight Frank, the 40 per cent increase in transactions that was recently noted shows that the residential market "has bottomed out" and is turning a corner.
Head of residential research at Knight Frank Liam Bailey said he is "cautiously optimistic" about the state of the market.
Home insurance from
InsureandGo provides comprehensive cover at a cost which will not shave too much off people's total moving budget.
