Snagging Inspections

Hi,

We will hopefully be completing on our property soon and I was wondering if anyone had information regarding Life insurance.  Is this something that the banks automatically offer (Like in the UK) when you take their mortgage or should we be searching independently.  I don't really know where to begin.  I have only tried contacting the company we use for our UK property but they do not offer insurance for overseas.

Any ideas? I am stuck!! 

Thanks

Elaine & Jock.

Rixxy,

Thanks for this, I will send Smiley a wee email.

I think I will need to read up on Inheritance tax as well.

Yes - I leanrt from a case he was dealing with for me - here in Spain to adjust things after something is in place is very expensive and in some cases cant be done - inheritance tax is payable on life cover here and not in the uk (as I understand it) as is the transfer of the property for one spouse to the other in the event of death, so getting finance is better than buying cash and all sorts of other important issues best to be planned in advance!

good luck with it