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Moving House what to do about buildings and contents

i am only two months into my buildings and contents insurance, can i port these to my new property? if i cancel them will i get a discount?

new house is an extra 50k

any advice wanted on what i can do?
Mortgage Start jun 2007 £88500 Outstanding Balance £51000
Overpayments 2007 Nil 2008 £1040 2009 £7853 2010 £10000 2011 aiming for £18000 (6k so far)
The Early Bird Gets the Worm, but the Second Mouse Gets the Cheese!!

Comments

  • scope
    scope Posts: 764 Forumite
    Part of the Furniture Combo Breaker
    I called my insurance company, Direct Line and transferred the insurance across.. they will charge you the difference (or might even refund if its a smaller house in a safer area). My new house was 75k extra, and I was charged an extra £4 I think.
  • littlemrtinkle
    littlemrtinkle Posts: 680 Forumite
    thanks very much!

    i'm with direct line for contents
    and barclays for buildings.
    Mortgage Start jun 2007 £88500 Outstanding Balance £51000
    Overpayments 2007 Nil 2008 £1040 2009 £7853 2010 £10000 2011 aiming for £18000 (6k so far)
    The Early Bird Gets the Worm, but the Second Mouse Gets the Cheese!!
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