Some property sellers, for some reasons, withdraw their house from the market, affecting those buyers who already invested money on the property. Yes, it’s not fair. This is when home buyer’s insurance can help. The insurance was established to protect the interest of the buyer when a sale falls through due to certain reasons. It allows the buyer be compensated from the expenses spent in the legal and mortgage lending costs. To understand more, here’s an infographic presented by eMoov.
Source: https://www.emoov.co.uk/news/2017/07/19/home-owners-insurance-uk-infographic/
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Home Owners Insurance in the UK was first posted on August 24, 2017 at 8:26 pm.
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