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Took out contents insurance for current place before completion - will it look bad to the bank?
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88Parrot88
Posts: 6 Forumite

I’m in the process of buying a house. The process has been dragging on, and I thought it’s likely it will go into the next year. Over the weekend, I took out contents insurance for my current place, as the previous one had finished. I chose to pay it in monthly instalments out of habit. Yesterday, things moved quickly and there is a possible completion date in early December. I’m now worried that the contents insurance will look bad if the mortgage provider runs a check before completion. I’ve asked for the mortgage advisor to call me back to discuss it, but I was wondering if anyone else has been in a similar situation and how did it go?
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You will be fine.I am a Mortgage AdviserYou should note that this site doesn't check my status as a mortgage adviser, 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.1
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