Lender interest noted on home insurance

AWeeCuppaTea

Hi, Happy Bank Holiday everyone..

Hoping someone can help!

I need to get home insurance for a house I'm due to complete on the 17th April. My solicitors have said the policy needs to note the lender's interest on it but I am finding it near impossible to do so!

Direct line say on their FAQ's they will let you enter it on the online quote system, but when I did get quote there was no where to enter it.

The only insurer that would was M&S and they declined the insurance due to it apparently being high risk flood/subsidence area, which is odd as everywhere else is offering it, and not too bad prices, and its nowhere near rivers etc, frustrating!

I have tried...Tesco, Aviva, Admiral, Allianz, Abbey, Halifax, Compare the market, Direct line and M&S so far and I'm slowly losing the will...can anyone help or has anyone else had experience of this?

Thanks in advance for any help. (cross posted in insurance/mortgages to try and get some answers)

PeacefulWaters

I've never had a problem.

Pick up the phone to your preferred insurer. It's pretty standard.

dunstonh

My solicitors have said the policy needs to note the lender's interest on it but I am finding it near impossible to do so!

Most providers, in my experience will note the lender. It is a normal requirement. Although increasingly lenders are not requesting it. Insurers though are still able to do it. That said I have seen other posts in the past where people have said they are having problems.

stator

AWeeCuppaTea wrote: »

Hi, Happy Bank Holiday everyone..

Hoping someone can help!

I need to get home insurance for a house I'm due to complete on the 17th April. My solicitors have said the policy needs to note the lender's interest on it but I am finding it near impossible to do so!

Direct line say on their FAQ's they will let you enter it on the online quote system, but when I did get quote there was no where to enter it.

The only insurer that would was M&S and they declined the insurance due to it apparently being high risk flood/subsidence area, which is odd as everywhere else is offering it, and not too bad prices, and its nowhere near rivers etc, frustrating!

I have tried...Tesco, Aviva, Admiral, Allianz, Abbey, Halifax, Compare the market, Direct line and M&S so far and I'm slowly losing the will...can anyone help or has anyone else had experience of this?

Thanks in advance for any help. (cross posted in insurance/mortgages to try and get some answers)

Maybe it only lets you do it when you go through the purchase process instead of just a quote

Old_Git

with direct line on the "tell us about your home section "
question ,do you rent or own your home ?" use the drop down menu to indicate Mortgaged .You dont need to enter who the lender is.

AWeeCuppaTea

Just to update..

Once I went through to the payment screen, Direct Line let me enter details of my lender, and according to their FAQ section they will then automatically send policy details to my lender. I'll ring tomorrow just to double check, and have printed out policy confirmation to send to my solicitor anyway, just hope its sufficient for them.

Fingers crossed for a straightforward completion