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1st house - Buildings+Contents - Setup with someone else?

knightsy
Posts: 48 Forumite

Hi there - our mortgage broker provided a quote that he said we could use on exchange but its about £110 more than one that I have found online. The insurance I've found is more than enough and is with Nationwide themselves (who the mortgage will also be with) so that side of things I am happy with.
What I am unsure of is how to keep everything moving and pick our own! We had a letter today along with our mortgage deeds to sign etc. At the moment we don't have an exchange date but we have a form to fill in asking things like our policy number and quotes about placing the buildings insurance 'on risk'.
Can anyone pass on a past experience on the best way to do this?
Thanks
What I am unsure of is how to keep everything moving and pick our own! We had a letter today along with our mortgage deeds to sign etc. At the moment we don't have an exchange date but we have a form to fill in asking things like our policy number and quotes about placing the buildings insurance 'on risk'.
Can anyone pass on a past experience on the best way to do this?
Thanks

0
Comments
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Get an exchange date off your broker/solicitor, if they dont have one then dont worry about it, you are too far off for that to hold things up.I 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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What would you right on this form?
Leave it and just send the rest back? Or write on it that we will take out with Nationwide nearer the time?0 -
Call the solicitors and tell them, they will probablyy tell you to just send it back and sort the insurance out closer to the time.I 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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