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Home Buyers Protection Insurance

Hi,

I know this has been asked before in 2020 so quite some time ago...

Home Buyers Protection Insurance - is it worth it?

Has anyone had it on purchasing their home more recently and could share their experience?

Many thanks.

Comments

  • Never had it and never will. 
    2006 LBM £28,000+ in debt.
    2021 mortgage and debt free, working part time and living the dream
  • DullGreyGuy
    DullGreyGuy Posts: 17,210 Forumite
    10,000 Posts Second Anniversary Name Dropper
    What are the premiums? What is the maximum you could lose without it?

    Its up to you to decide if the ratio between the above two numbers makes it worth while 

    Personally our conveyancer would do a 2nd property for no extra costs (exc expenses/disbursements) if the first fell through and so looking at potential losses of a few hundred for a premium of best part of a hundred, didnt seem worth while for me. 
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