Can anyone tell me if it the "norm" that a "Property in Possession" Insurance Premium is charged to my shortfall after my home is reposessed? If a claim is made on this insurance for a fixture which was damaged or stolen while in the possession of the lender, should any proceeds be credited to my shortfall?(posted 7893 days ago)Do all lenders take out this insurance (which added over £300 to my shortfall)when they repossess a house?
Any info/advice anyone?