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Buildings insurance
Worried
Posts: 270 Forumite
We have to arrange buildings insurance from exchange as a condition of the mortgage. I have had a quote that I'm going to go with. We have now had the purchase contract to sign and the solicitor thinks we will be ready to exchange within the next week or two. Should I go ahead and arrange the buildings cover now? I do not have a definite date for exchange. I am paying the premium in a lump sum, so don't want to pay it before exchange incase it falls through. What do I do?
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Comments
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Get all your quotes gathered. Use Martin's suggestions in his Insurance articles to find the cheapest. They all save the quotes for you, so you can just go straight back to the website and order it when you are ready to go.
http://www.moneysavingexpert.com/insurance/home-insurance
My solicitor doesn't usually ask for the actual docs, she just wants to know it's been done - but you can always forward the email confirmation over to them when you have bought the insurance on exchange day.Everything that is supposed to be in heaven is already here on earth.
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