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Homebuyer protection insurance

7 replies

hhh0809 · 08/09/2020 13:05

Has anyone purchased a homebuyer protection insurance covering the upfront cost for buyers in the event of vendor pulls out? Any recommendations? It's not as popular as other insurance products so can't find much info on comparison websites.

OP posts:
Thingsthatgo · 08/09/2020 14:30

I don’t have any recommendations I’m afraid, but I am very interested to read some replies as I was considering the same thing.

LividLaughLovely · 08/09/2020 15:58

Ditto! Can you get one that covers Covid delays? Worried about another local lockdown causing more problems...

GMhousehunter · 11/04/2021 10:59

Bumping here with the same question! Did you get one in the end @hhh0809?

flashbac · 23/04/2021 13:46

Ooh, any answers?

MorningInspiration · 23/04/2021 15:25

I've purchased it and im in the middle of buying. It has very niche protection criteria but for something like 60 pounds it could save ££££s

I purchased mine through the home owners association website hoa.org.uk/

You may be able to ask your solicitor if they recommend one. That way they may even help you if you have to claim.

Though you also have to apply for it within 7 days of your mortgage application and solicitor instructions. hoa.org.uk/advice/guides-for-homeowners/i-am-buying/homebuyer-protection-insurance/

chittychittybang · 23/04/2021 15:40

That's annoying, I didn't actually know this existed and would've used it if I had!

hhh0809 · 30/09/2021 08:57

We bought one from homeowners alliance but never had chance to make claimsSmile

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