We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Indemnity Insurance
peterwstacey
Posts: 4 Newbie
Hi all,
I'm a first time poster, who is remortgaging my flat (share of freehold). When I took out the original mortgage, my solicitor said that the lease was technically deficient and so I had to buy some indemnity insurance before the building society would accept the mortgage. Since I am now remortgaging my flat with a different bank (not building society), do I need to give the solicitors handling the transfer a copy of this? They haven't asked for such a document, but that's probably because they don't know it exists.
A lot of what I've seen online about indemnity insurance says that you shouldn't go round telling people you have it, which is why I thought I would ask here rather than just sending it to them
Any thoughts / comments would be appreciated - thanks in advance!
I'm a first time poster, who is remortgaging my flat (share of freehold). When I took out the original mortgage, my solicitor said that the lease was technically deficient and so I had to buy some indemnity insurance before the building society would accept the mortgage. Since I am now remortgaging my flat with a different bank (not building society), do I need to give the solicitors handling the transfer a copy of this? They haven't asked for such a document, but that's probably because they don't know it exists.
A lot of what I've seen online about indemnity insurance says that you shouldn't go round telling people you have it, which is why I thought I would ask here rather than just sending it to them
Any thoughts / comments would be appreciated - thanks in advance!
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.9K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.2K Spending & Discounts
- 247K Work, Benefits & Business
- 603.6K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards