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Home insurance and ownership
Dymphna60
Posts: 196 Forumite
I am in a panic and struggling to understand what I am reading when I am searching online.
I inherited a house from my partner last year ( not married )
I was executor. Probate obtained. Estate delt with .
I insured the house as an empty property in role of executor . I moved back to my own house . Couldn’t cope with staying there but I have struggled to decide if I want to keep it or sell.
Insurance due for renewal . I wanted to speak to them make sure it would be insured , went through all the questions before I was told they would not insure me because I was a new policy holder and the house was within 400 meters of water . Cancelled with immediate effect.
I had to scramble to get some kind of cover and have done at a price but they say they need me to prove I have the right to insure it
Does this mean I have to register it in my name ASAP ? I didn’t do it yet because I probably will sell but just had to deal with the emotional issues first .
Thank you
I inherited a house from my partner last year ( not married )
I was executor. Probate obtained. Estate delt with .
I insured the house as an empty property in role of executor . I moved back to my own house . Couldn’t cope with staying there but I have struggled to decide if I want to keep it or sell.
Insurance due for renewal . I wanted to speak to them make sure it would be insured , went through all the questions before I was told they would not insure me because I was a new policy holder and the house was within 400 meters of water . Cancelled with immediate effect.
I had to scramble to get some kind of cover and have done at a price but they say they need me to prove I have the right to insure it
Does this mean I have to register it in my name ASAP ? I didn’t do it yet because I probably will sell but just had to deal with the emotional issues first .
Thank you
0
Comments
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If you now own it, and your executor status has now ended then you obviously need to be registered as the owner0
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If the estate is still in the process of being settled and it 'owns' the property still then it should be insured in the name of 'Execs of [deceased person]'.
If you now own the property then it should be insured in your name. If there is anyone else with a financial interest in the property (family relative or mortgage for example) that should be declared to the insurer as well.0 -
Ok . Thanks I will get onto registering it in my name tomorrow.
I know you can do it yourself but I am happy to pay a solicitor to do it but does that make the whole thing slower, like probate?
I have actually found it pretty difficult to decide when the whole probate process is over . Just a few days ago a refund cheque was received.
But then I am probably just stupid .0
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