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It is usually compulsory if you’re planning to buy your home with a mortgage. Buildings insurance covers the cost of rebuilding your home if it is damaged or destroyed. You may not be able to get a mortgage unless you take out building insurance.
AGENTIS FINANCIAL AND MORTGAGE SOLUTIONS IS A TRADING STYLE OF AGENTIS FINANCIAL AND MORTGAGE SOLUTIONS LTD, WHICH IS AN APPOINTED REPRESENTATIVE OF STONEBRIDGE MORTGAGE SOLUTIONS LTD. AND IS AUTHORISED AND REGULATED BY THE FINANCIAL CONDUCT AUTHORITY. WE ARE ENTERED ON THE FINANCIAL SERVICES REGISTER UNDER FIRM REFERENCE NUMBER 631659.
THERE MAY BE A FEE FOR ARRANGING A MORTGAGE AND THE PRECISE AMOUNT WILL DEPEND ON YOUR CIRCUMSTANCES.
TYPICALLY THIS WILL BE £595. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
AS WITH ALL INSURANCE POLICIES, CONDITIONS AND EXCLUSIONS WILL APPLY.
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