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Mortgage & Insurance query
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mick_1967
Posts: 55 Forumite
Is it wise to have your home insurance and contents with the same supplier as your mortgage? Northern rock together
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well i would shop around for them like anything else.no point having them with the mortgage company if there more expensive.
from my experience you can get exactly the same cover a hell of a lot cheaper. im with barclays for my buildings and contents insurance (very good). £160k 3 bed detatched with accidental cover for contents is £20 per month.
shop around to save money.0 -
If your mortgage provider offer best deal, no harm in taking it.
Best to shop around for comparisons as well though. Bear in mind, some mortgage companies will charge you about £25 if you don't do theirs, so this needs to be factored into any potential savingI am a Mortgage adviserYou should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
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