We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Halifax Mortgage said we have to take out Building and Contents Insurance -

learning
learning Posts: 3 Newbie
in Reclaim mortgage fees, council tax, etc
Hi

This is my first ever post... so here goes!

We took out a mortgage with the Halifax in 2005 and were told that we had to take out their Buildings and Contents policy, is this right?

Should we have been given the option to shop around?

Any help or advise would be welcome...

Comments

  • dunstonh
    dunstonh Posts: 121,415 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    We took out a mortgage with the Halifax in 2005 and were told that we had to take out their Buildings and Contents policy, is this right?

    Buildings insurance is mandatory but you can choose your provider.
    Should we have been given the option to shop around?

    Only if you asked if you could do that.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • roonaldo
    roonaldo Posts: 3,420 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    learning wrote: »

    Should we have been given the option to shop around?
    Yes, but you wont get your money back as you have had the benefit of insuring your property, which is mandatory. Its a pointless complaint and not at all related or treated the same as PPI complaints.
  • learning
    learning Posts: 3 Newbie
    Thank you... worth checking up on
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.6K Banking & Borrowing
  • 254.5K Reduce Debt & Boost Income
  • 455.5K Spending & Discounts
  • 247.5K Work, Benefits & Business
  • 604.4K Mortgages, Homes & Bills
  • 178.6K Life & Family
  • 261.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture