One of the main questions that we can do when you endorse a mortgage is if it is true that it is compulsory to take out home insurance to a mortgage.
The answer is NO , with a capital, and put it this way because it is one of the most widespread beliefs or doubts when a mortgage.
This belief comes from the hand of the entities, it is true that unless you hire your home insurance and on many occasions of life, not grant the mortgage, and unfortunately I fear that is their right.
is for this reason that, though really only should be compulsory insurance in fire and natural disasters on the continent in practice it is not, since they impose their insurance entities.
As much can happen that leave us home insurance contract elsewhere, but other links we will have to assume.
We question the legality of these practices, but to date is the day our daily bread when negotiating a mortgage with a bank.
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