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Renewal of Buildings Insurance
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westv
Posts: 6,460 Forumite
I'm due to renew my buildings and contents insurance and, due to a 68% (!!) increase in premium, I will not be staying with the same insurer.
When I took it out last year (for a new purchase) I had to have the interest of the mortgage lender added to the policy. Do I need to still do that with the renewal? I'm assuming yes but thought I'd ask anyway.
When I took it out last year (for a new purchase) I had to have the interest of the mortgage lender added to the policy. Do I need to still do that with the renewal? I'm assuming yes but thought I'd ask anyway.
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Comments
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Do you still have a mortgage?0
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If I didn't have a mortgage why would I be asking about my mortgage lender?
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my thoughts too.0
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Most modern mortgages insist on you having buildings insurance but IMO not many insist on you having their interest noted.
Mine with a B/soc does not.0
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