carolhazell Posted October 4, 2001 Share Posted October 4, 2001 We are just about to sign our compromis de vente. Cananybody out there please tell us whether insurance coverneeds to be taken out now, or on completion of thepurchase? We've been unable to find this out anywhere,and are not having much luck in finding a UK insurancecompany interested in our "in need of renovation"property, even tho it's not in bad condition. Link to comment Share on other sites More sharing options...
HelenChaplin Posted October 4, 2001 Share Posted October 4, 2001 Hi - you have to have buildings and public liability cover ready to begin on the day you sign the completion. This is easy to arrange from England. Look in the "Buildings Insurance" thread in the Finance forum. I got loads of advice to the same query and arranged appropriate cover quickly with Treddenick. We signed the completion contract last Saturday and had the cover note with us which the Notaire asked to see. However, the guy that sold us the house offered to arrange for us to take over his insurance on the property although we didn't need to.If you havent already done so, I would advise you open a French bank account - very easy to do - just show passports and complete forms - we used Credit Lyonaisse in Confolens while we were over there house hunting. The insurance company wanted payment in FF.Good luck - Helen Link to comment Share on other sites More sharing options...
Kathryn Posted October 4, 2001 Share Posted October 4, 2001 Carol, we are in the same sort of position and have arranged to take over the current owner's insurance policy. Why don't you see if that is possible??Good luck.Kathryn Link to comment Share on other sites More sharing options...
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