• Homebuyers may be paying too much for insurance, says research

    Homebuyers may be paying too much for insurance, says research
    One in seven took out policy with mortgage lender, with some doing so because they thought it might help mortgage applicationHomebuyers have been warned they could be paying more than necessary for home insurance after research revealed one in seven took out policies with their mortgage lender.The study by Gocompare.com found 14% of homeowners opted for that route. Almost half (49%) of those said they did so out of convenience, while nearly three-quarters (72%) had not compared other products an

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