Insurance costs
Hi All
Insurance query ...
I beleive I can swap insurance companies 1 year after getting the mortgage.We have bought a new apartment in Lo Pagan Aldea Dell sol but the renewal cost from the bank is 460 plus 270 life cover.Am I correct in thinking I don't legally have to have the life cover and can swap insurance companies now. And how simple would that be.Do I just tell them I'm nor renewing insurance this year and send them a copy of my Certificate...any help would be much appreciated.
On an other note we have decided to sell our lovely bungalow in Calla Las palmas Lo Pagan.Very close to the castellar college. 3 years old A Group Uno development Pablo V
Ground floor. We have an agent looking into the price for us.But does anyone have first hand knowledge of what there fetching in this area.its the standard 2bed 2 bathroom communal pool etc.
Any thought would be very much appreciated.
Thanks
Rod