09 Jan 2011 10:45 PM:
We finally completed on our Condado purchase. We're heading out in February to sort out some of the furnishing and are already planning trips for Easter and the Summer. The kids are almost as excited as we are!
We also had a result on the life insurance. I didn't want to take that offered by the bank as it was really expensive. Despite the bank acknowledging that life insurance was not compulsary, they did say that it was part of the mortgage offer that i had been given - which was quite a good deal.
In the end the bank agreed to take an assignment of a UK life policy. I could have taken a new policy but it was even better as i had an old policy that i had kept paying from when we bought our first house. A very simple one page deed of assignment was accepted by the bank - sense prevailed.
Many thanks to all of you who posted replies. Greatly appreciated.
Thread:
Life Insurance - any recommedations?
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