T
tazdustdevil
Guest
I have recently signed contracts on an new apartment development. My Apartment is estimated to be completed in December (although it may well be 1-2 months later). My loan approval has also come through. The Lender has made two conditions: 1) that I get my own separate buildings insurance i.e. separate to the buildings insurance paid for by property management fees and 2) that I get life insurance. I had anticipated the life insurance/ mortgage protection part but I cant believe they seem to be expecting me to pay buildings insurance twice.
Has anyone else experience/ knowledge of this? Is there any way round it?
Has anyone else experience/ knowledge of this? Is there any way round it?