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home insurance??
sam1970
Posts: 1,208 Forumite
Im hoping to exchange contracts on my new house tomorrow and complete in 2 weeks...i heared that after exchange the house is my responsibility and i have to arrange proper insurance...I presume building insurance ...is that true??
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Comments
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yes. usually its also a condition of the mortgage where applicable"enough is a feast"...old Buddist proverb0
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usally your solicitor wont exchange until you have the home insurance in place to safeguard you.many insurers will fax a copy to your solicitor straight away if you have left it a bit late.my bark is worse than my bite!!!!!!!!0
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