Caravan Insurance

House prices across the UK have risen by two per cent in April and by 4.4 per cent over the first four months of the year, according to the latest figures.

The Halifax House Price Index found that at eight per cent the annual rate of house price inflation in Britain is at its highest level for the last 13 months.

Cupar in Fife, Scotland saw the largest rise in prices over the last year, with an average 36 per cent increase on the value of homes there.

Scotland in general dominated the league tables for the highest rises in prices, with the top four towns in Britain all being situated north of the border.

Homeowners here would be wise to ensure they have adequate cover arranged in their home insurance policies so that in the event of a mishap the full value of their home is protected.

Good-value home insurance is available to everyone, especially if homeowners are prepared to shop around for the best deals.

Meanwhile, Martin Ellis, chief economist at Halifax, said he expects the housing market to remain "relatively buoyant" over the coming months, but that the continuing rise in prices with no equivalent rise in earnings could eventually curb demand.