SUBSCRIBE TO OUR NEWS EMAILS
Monday, 3 August, 2026
No Result
View All Result
BestAdvice
  • News
  • Features
  • Blogs
  • Podcast
  • Research & Reports
  • Video
  • MORTGAGES
    • Mortgage type
      • Discount mortgages
      • Fixed rates
      • Fee-free
      • Interest-only
      • Offset
      • Remortgages
      • Trackers
      • Variable rates
    • Conveyancing
    • First time buyers
    • Green Mortgages
    • Help to Buy
    • New build
    • Overseas
    • Regulation
    • Self build
    • Shared ownership
  • BRIDGING
  • BTL
    • Consumer BTL
    • HMO/MUFB
    • Holiday Let
    • Limited Company BTL
  • COMMERCIAL
    • Asset finance
    • Auction finance
    • Commercial mortgages
    • Development finance
    • Invoice finance
    • SME finance
  • DISTRIBUTION
  • G.I.
  • LATER LIFE
    • Equity release
      • Lifetime mortages
      • Drawdown
    • Pensions
    • Retirement borrowing
  • LOANS
  • PROTECTION
    • Critical illness
    • Income protection
    • Group protection
    • Life cover
    • PMI
BestAdvice
  • MORTGAGES
    • Mortgage type
      • Discount mortgages
      • Fixed rates
      • Fee-free
      • Interest-only
      • Offset
      • Remortgages
      • Trackers
      • Variable rates
    • Conveyancing
    • First time buyers
    • Green Mortgages
    • Help to Buy
    • New build
    • Overseas
    • Regulation
    • Self build
    • Shared ownership
  • BRIDGING
  • BTL
    • Consumer BTL
    • HMO/MUFB
    • Holiday Let
    • Limited Company BTL
  • COMMERCIAL
    • Asset finance
    • Auction finance
    • Commercial mortgages
    • Development finance
    • Invoice finance
    • SME finance
  • DISTRIBUTION
  • G.I.
  • LATER LIFE
    • Equity release
      • Lifetime mortages
      • Drawdown
    • Pensions
    • Retirement borrowing
  • LOANS
  • PROTECTION
    • Critical illness
    • Income protection
    • Group protection
    • Life cover
    • PMI
No Result
View All Result
BestAdvice
No Result
View All Result

Pros and cons of snapping valued possessions

by Kevin Rose
6 December 2013
New credit union: fightback against payday lenders has begun
Share on FacebookShare on TwitterShare on LinkedIn

Legal & General’s Digital Criminal 2013: Insta-grabbers research reveals that 45% of social media users aged 18-35 who were surveyed are using smartphones and tablets to take photos of their valued possessions.

While smartphones and tablets are great for taking photos, the research also reveals that a staggering 84% of 18-35 year olds are sharing photos of their valued possessions on social networks, such as Facebook, Twitter and Instagram. This is fine, except that almost two thirds, (64%) of those young social media users1 admit that they don’t know all of their friends or followers with whom they are sharing this information.

  • A fifth, (20%) said they have used their smartphone to take photos of new purchases;
  • 16% have taken photos of receipts of newly bought items;
  • 15% have taken photos of possessions in case proof of purchase or ownership is needed;
  • A further 14% of 18-35 year olds said that they have used their smartphone or tablet to take a photo of rented items in case they need to provide proof of the original condition;
  • And nearly one in five young adults, (18%) said they take photos of items and receipts using their smartphone or a traditional camera for the specific purpose of providing proof of purchase when making an insurance claim.

Mark Holweger, director for Legal & General’s insurance business, said: “It’s great to see young people using cameras and digital technology to take photos so they have a record of their valued possessions. This is something we encourage all our customers to do as it can help in identifying items if they are lost or stolen. So taking snaps of items that mean something special to you as well as the more ordinary items in the home on a regular basis is a good thing to do.”

LatestNews

Suffolk BS returns to 90% LTV market

Precise Mortgages launches cashback and refunded valuations

Bluestone Mortgages appoints national account manager

Legal & General’s Digital Criminal 2013: Insta-grabbers research also revealed that:

  • Two out of five, (40%) of young social media users surveyed said they are planning to share photos and post updates about the Christmas presents they receive;
  • Nearly one in three, (31%) said that they will be posting photos/ comments about new purchases during/ over the festive period;
  • Over half, (56%) of the Facebook, Twitter and Instagram users surveyed said that they plan to post information about when they are away from home this Christmas such as, attending parties and dinners which again could make them a possible target for Digital Criminals.

These actions are despite nearly four out of five, (78%) of young social media users saying that they are being careful and never post comments or photos on social media sites that would put their security or possessions at risk.

L&G says their use of social media in this way could potentially increase the risk of them or their friends and family experiencing a burglary as this combination of information Digital Criminals are able to use to piece together what a person owns and when they are out of their home. This unfortunately could make them easy targets for the criminals that search the social media sites for this information. These Insta-grabbers use the information and details in photos and comments posted on sites to plan the best time to grab valued possessions from their targets’ homes.

Holweger added: “Although we understand that taking photos is fun and really useful, social media users should always check what images and information they are posting online. Before uploading the photos they’ve taken on their smartphones and tablets onto social media sites such as Facebook, Twitter and Instagram, they should make sure they do not include personal information which may unwittingly make them vulnerable to the digital criminals.

“We would encourage all of our customers to regularly log and record the items in their homes, as well as ensuring that they keep up to date valuations. And with Christmas being a time of year when we often receive and buy new items for our home, it’s a great time to start making that log, if there isn’t one in place already.”

Previous Post

New associate member of NACFB

Next Post

Partial stamp duty relief for charities

Have you read the latest news?

NatWest returns to 90% LTV mortgage lending
first-time buyers

Suffolk BS returns to 90% LTV market

14 September 2023
Precise adds lifetime trackers to limited edition BTL range
residential rates

Precise Mortgages launches cashback and refunded valuations

14 September 2023
Why being self-employed isn’t a barrier to mortgages at 50 or 90
appointment

Bluestone Mortgages appoints national account manager

14 September 2023
Brokers “doing great job” sourcing mortgages
regulatory review

FCA finds substandard advice in later life lending market

14 September 2023
Spring Finance hires head of sales for second charges
appointment

Spring Finance hires head of sales for second charges

14 September 2023
Property professionals doubt EPCs’ use in tackling emissions
energy efficiency

Leeds Building Society unveils new green mortgage

14 September 2023
Next Post
Stamp Duty Land Tax

Partial stamp duty relief for charities

NACFB: “missed opportunity” in Autumn Statement

NACFB: "missed opportunity" in Autumn Statement

UTB hires solicitor to boost bridging team

UTB hires solicitor to boost bridging team

OPINIONS

Don’t widen the protection gap

A continuous focus on marketing pays dividends

10 September 2023
Accord Buy-to-Let cuts fixed rates

Has the Bank Base Rate finally peaked?

10 September 2023
CPI inflation remains negative

Inflation is often misunderstood

3 September 2023
Anticipating the Autumn Statement

It makes sense for lenders to target high LTV business

1 September 2023
Election making adviser uncertainty worse

Why you need to continually appraise where your business is at

1 September 2023
  • Subscribe
  • Advertise
  • Backlinks
  • About us
  • Contact us
  • Privacy policy
  • Terms & Conditions
SUBSCRIBE TO OUR ALERTS!

© 2022 Bedazzled Media Limited.
Company Number 11335497. Registered Office: Unit 1, E.M.P. Building, 4 Solent Road, Havant, Hampshire PO9 1JH

X
No Result
View All Result
  • MORTGAGES
    • Mortgage type
      • Discount mortgages
      • Fixed rates
      • Fee-free
      • Interest-only
      • Offset
      • Remortgages
      • Trackers
      • Variable rates
    • Conveyancing
    • First time buyers
    • Green Mortgages
    • Help to Buy
    • New build
    • Overseas
    • Regulation
    • Self build
    • Shared ownership
  • BRIDGING
  • BTL
    • Consumer BTL
    • HMO/MUFB
    • Holiday Let
    • Limited Company BTL
  • COMMERCIAL
    • Asset finance
    • Auction finance
    • Commercial mortgages
    • Development finance
    • Invoice finance
    • SME finance
  • DISTRIBUTION
  • G.I.
  • LATER LIFE
    • Equity release
      • Lifetime mortages
      • Drawdown
    • Pensions
    • Retirement borrowing
  • LOANS
  • PROTECTION
    • Critical illness
    • Income protection
    • Group protection
    • Life cover
    • PMI

© 2022 Bedazzled Media Limited.
Company Number 11335497. Registered Office: Unit 1, E.M.P. Building, 4 Solent Road, Havant, Hampshire PO9 1JH

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.