Total Home Loans - Home
Call us today on: 01202 232 160 Friendly - Experienced - Fast Facebook

Funeral Costs Rise Again

February 12, 2020

Funeral Costs Rise Again

The typical cost of a funeral is now £4,417, up 3.4% in the last year. The average cost of a basic funeral has risen more than 9% in some regions.

The biggest increases were seen in Wales (up 9.4%), the Midlands (9.6%), and the South East and East of England (9.2%).

Overall the cost of dying, including professional fees and flowers now stands at £9,493.

Basic funeral costs included the funeral directors’ fees (£2,687), doctors’ fees (£164), clergy and officiate fees (£169) and the burial or cremation fees.

The average cost of a burial has risen by 65% in the last decade which has led, in part, to burials now accounting for less than a quarter of all funerals.

 

Cheaper Options?

The costs of a funeral can add up when you include the hire of limousines, the cost of flowers, venue hire and catering. The funeral service itself is one of the main costs with burial the most expensive option.

Some people are choosing direct cremation which is a cremation with no funeral service. The ashes are returned to loved ones to be kept or scattered. Families then arrange a farewell get together seperately.

Direct cremation costs fell by 5% last year to an average £1,626.

 

Get in touch for friendly mortgage advice

Call us today on: 01202 232 160

Request a Call Back

Prepaid Funeral Plans

A pre-paid funeral plan is the easy way to arrange and pay for your funeral in advance, whilst protecting your loved ones against unexpected costs and making sure everything’s how you would have wanted it.

We have a range of 4 prepaid funeral plans to choose from to help you make the right decision. Each plan offers various cover options with easy to understand benefits so you can find the right package for you.

To find out more visit our Prepaid Funeral Plans page.

Our Latest Posts

Important Information

We do NOT charge any upfront cost. We may charge a typical fee of up to 2% of the amount of the loan for arranging a mortgage. E.g. A loan of £100,000 would be likely to incur a fee of up to £2000. Any fee we charge is ONLY payable upon successful completion of the mortgage. We will also be paid a commission by the lender.

Think carefully before securing debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage. Equity Release will reduce the value of your estate and can affect your eligibility for means tested benefits.

Total Home Loans Limited is an appointed representative of Intrinsic Mortgage Planning Limited, which is authorised and regulated by the Financial Conduct Authority. Intrinsic Mortgage Planning Limited is entered on the FCA Register (http://www.fca.org.uk/register) under reference 476653

Registered Address: 55 Cobham Road, Ferndown Industrial Estate, Wimborne, BH21 7RB. Registered in England and wales, company registration number 6436412.

All rights reserved Total Home Loans LTD 2016