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Insurance needed from Exchange or Completion?

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Comments

  • ztan
    ztan Posts: 400 Forumite
    Can I tack a question on the end of here...

    What if it's a new build, that's not registered yet... We've exchanged, and will be completing very shortly... however the address isn't registered, and no one can find it... so we can't get quoted. Our's is also a coach house, so we can't get normal home insurance quotes...

    Any ideas?
    MFW 2010- £112,500 + 20% Equity Loan = £150,000 35 years :o
    2013- £108,877.28 + 20% / current OP = 19 years :T

    Target to be Shared Equity Free- 2016
    Target for holiday to Australia- 2014
    Currently training for a Commando Challenge- drop and give me 20
  • I just rang an insurance company about this and the person on the phone acted like I was a nutter. He said I can't insure the house if the vendors are living in it, with complete incredulity as though no one had ever suggested such a crazy thing before. Surely everyone must have this problem?
  • macgirl
    macgirl Posts: 5,091 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Don't know what to say to either of those quandries, so I would defo ring your solicitors in the morning
  • I just rang an insurance company about this and the person on the phone acted like I was a nutter. He said I can't insure the house if the vendors are living in it, with complete incredulity as though no one had ever suggested such a crazy thing before. Surely everyone must have this problem?

    He's the nutter as far as buildings insurance is concerned- either ask to speak to his superior - or more likely ring up another company.
    RICHARD WEBSTER

    As a retired conveyancing solicitor I believe the information given in the post to be useful assuming any properties concerned are in England/Wales but I accept no liability for it.
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