Cybermediary 1st Quote has launched a product to protect against the pitfalls of moving house.

Moversline provides cover against financial loss if a move falls through.

It has inclusions for gazumping, title defects, unexpected health problems, employment-related problems and unfore-seen problems that arise during surveying, such as rising damp.

Ian Meyer, chief executive of Ist Quote, said : “House moving can be a particularly stressful time, and consumers in the UK are not adequately protected against the financial pitfalls that can easily arise at that time.

“Our Moversline policy will offer a much-needed guarantee that if the move falls through, customers won't be saddled with high costs as a result.”

1st Quote claims it can quote on 95% of enquiries made by phone or via the web.