Buildings And Contents Insurance UK
Paradigm partners with Towergate
From today Paradigm members will be able to provide their clients with Towergate’s wide range of web-based general Insurance products. Home & Protect offer buildings & contents quotations from a panel which includes AXA, Equity Red Star, and Zurich plus a consortium of leading UK insurers.
Landlords Insurance Quote
Do I have to buy buildings and contents insurance from my mortgage provider?
Am I tied to them or can I shop around? (UK)
Many years ago, some mortgage lenders used to insist that you bought their (often expensive) home insurance. Thankfully this was stamped out and now you are not tied to them for buildings insurance.
You do have to demonstrate that you have cover but any insurer is happy to issue a certificate to your mortgage lender, it is a fairly common request.
Historically there was a £35 charge made by the mortgage lender to process this ‘administration’ but I am pretty sure that is also no longer practiced by anyone.
Shop Around!!
