Buying a property can be stressful and it can feel like there are a million things to do, but some things are more important to remember.
Many people think they only need to take out buildings insurance once they move into their new home, but in most cases, the responsibility for insuring the property becomes the buyer's as soon as contracts are exchanged.
At this point you are committed to the purchase and cannot back out without forfeiting your deposit. If the property is damaged or destroyed between exchange and completion, you're still contractually bound to complete the purchase and will immediately face hefty repair or rebuild costs.
We can find the most suitable buildings insurance policy for your circumstances.
As with all insurance policies, conditions and exclusions will apply
We can help you!
Your home may be repossessed if you do not keep up repayments on your mortgage
Simmonds Mortgage Services is an appointed representative of Stonebridge Mortgage Solutions Ltd and can source the most appropriate cover from its panel of insurers with a free review of you overall protection and insurance needs. As with all insurance policies, conditions and exclusions will apply.