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Had to take out Buildings & Contents Insurance with my Mortgage

When I got my mortgage I had to sign up for buildings and contents insurance through Legal & General as part of the acceptance. I didn't want too as obviously it was cheaper elsewhere but I was told the I HAD to for the first year in order to be accepted - and then I could change.

Is this something I can claim back?

I can't find anywhere on here to fill in the forms myself etc.

Thanks in advance for any replies.

Comments

  • -taff
    -taff Posts: 15,376 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    If it was a condition of the mortgage, then ti was a condition and you have no complaint.
    Non me fac calcitrare tuum culi
  • dunstonh
    dunstonh Posts: 119,818 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Is this something I can claim back?

    No. Lenders are allowed to insist on building insurance and all still do. In the past, some required you to use their insurance. At other times, there have been mortgage deals where the lender insisted you use their product for at least one year to get the special terms. That is allowed.
    I didn't want too as obviously it was cheaper elsewhere but I was told the I HAD to for the first year in order to be accepted - and then I could change.

    Sounds like one of these special deal packages.
    I can't find anywhere on here to fill in the forms myself etc.

    That is because nothing is wrong with what has happened to you.
    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.
  • Thanks for your speedy replies. At least I now know not to waste any more time thinking about it. Cheers, Dan.
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