Some have an introductory discount to tempt new buyers. Others offer no-claims discounts, encouraging policy holders to stay with the same insurer for the long term. Some insurers offer different levels of cover depending on the premium paid. Policies vary on how they deal with European cover or the risk of theft.
Some of them offer additional discounts for caravans fitted with specialised security equipment, including trackers. Or for caravans stored in locations that meet specified security standards. There are a whole range of options for the cheapest caravan insurance uk, so it makes sense to look around before buying.
This can be paid in one of three ways or a combination of them.
Cash Purchase
If you already have the full amount of property purchase price in cash in
a deposit account within the UK.
Your only consideration will then be the exchange rates between the pound
and euro when the various stage payments are required. Click here to find
out more
Re-mortgage a UK property
You may decide to raise funds to purchase a property abroad, by way of re-mortgaging
your own property in the UK. With interest rates so low this is a popular
option. We can arrange for independent advice on this topic, either with your
current lender or perhaps changing mortgage companies to a better deal. Fill
in this form to speak to an advisor.
Take a mortgage in Spain, Portugal or Cyprus
If you do not have the full cash funds available, and do not want to remortgage
a property in the UK then the only other option available to you will be take
a mortgage out in the country you are purchasing.
This is normally easily arranged but you will typically require a 50% cash
deposit, before a mortgage can be arranged