Do you need to hire a car in the Torrevieja area?

Hi All,

I noticed in some reports at completion that included in some solicitors or mortgage charges there are references to Insurance costs. Do these only apply if you are taking out a Spanish Mortgage or is it another type of Tax payable at the Notary.  My solicitor has not mentioned anything so far in our completion costs discussions, but as I am not taking a Spanish Mortgage I suspected it was to do with that?

Any ideas my fellow Condadian's 

Nick

Hi Nick

No, as far as I am aware the people taking Mortgages have to have insurance that satisfies and includes the interest of the Mortgage lender, in the main I don’t thick the banks insist you take the insurance though them? From the information I have seen on the forum the insurance offered by PW is probably as good as most and better than many, as I assume you intend taking insurance from somewhere.  

Phil