LITTLECBEAR
Registered User
- Messages
- 18
Hello
I am finalising a (very small) ftb mortgage and am trying to decide between the 2 types of policies above. I am finding it hard to find detailed information on the pros and cons so I was hoping someone here could help.Here are my details:
I plan to move my mortgage to a different company in the next few years.
The mortgage is over 35 years but I will be paying it off in considerably less time.
I am looking for the cheapest policy possible to serve the insurance condition.
It is very unlikely that I will top up my mortgage in the future.
I have already spoken to a broker who advised to go with the latter (more expensive) policy.
I am finalising a (very small) ftb mortgage and am trying to decide between the 2 types of policies above. I am finding it hard to find detailed information on the pros and cons so I was hoping someone here could help.Here are my details:
I plan to move my mortgage to a different company in the next few years.
The mortgage is over 35 years but I will be paying it off in considerably less time.
I am looking for the cheapest policy possible to serve the insurance condition.
It is very unlikely that I will top up my mortgage in the future.
I have already spoken to a broker who advised to go with the latter (more expensive) policy.