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Insurance quotes during Mortage app

Hi all

I am currently in the process of applying for a mortgage with Virgin. My car insurance is due on Friday and Im wondering can i shop around for quotes or would it be too risky?

Alternatively, if i phone my existing insurer to renegotiate a price, will this still leave a mark on my score?

the renewal price is very poor!

Thanks in advance

Comments

  • I stuck with a renewal mid mortgage app and its cost me more, but after posting on here a few people said car insurance wouldn't have made a difference to a mortgage app - I just didn't want to take the risk :(
  • amnblog
    amnblog Posts: 12,733 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Phoning your current provider and telling them to get real with the renewal price might be the best idea.


    I cant see a Confused.com type credit search on your record derailing a mortgage application on it's own however.
    I am a Mortgage Broker

    You should note that this site doesn't check my status as a Mortgage Broker, 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.
  • SMW87
    SMW87 Posts: 94 Forumite
    Thanks guys, I will give them a ring now :)
  • SMW87
    SMW87 Posts: 94 Forumite
    5 minute call resulted in a £48 reduction! That will do for this years insurance :)
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