First time buyers 'should be wary of too much home exercise'

21-Dec-2006

Recent first time buyers should be wary of damaging their new homes during exercise at home, research suggests.

According to a study by Halifax Home Insurance, around 250,000 Britons - first time buyers or otherwise - damage their property every year while exercising.

The annual cost of damage caused in the home is an estimated £125 million.

For our first time buyers guide to buying a property click here.

"It is worrying that so many people are damaging their possessions and injuring themselves while exercising in the home," said Andee Dean, chief executive of the Fitness Industry Association.

"We would recommend people [ensure] a safe environment in which to exercise," he added.

Furthermore, injury at home costs companies around £8.8 million in sickness as around 30 per cent of homeowners have had to take time off work to nurse an injury, according to Halifax.

In addition to home insurance, Halifax offers a range of mortgages, with some specifically for first time buyers.

For advice on first time buyer mortgages or to find out how much you can borrow and how much it would cost you, contact a good mortgage broker.

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