03 Aug 2017 5:17 PM:
Thanks for the comments
Ive done a bit more research ,I asked the Bank if it was Law to take this out and the reply was NO, but no bank in Spain will give you a mortgage without this being taken out , Now this is a bit dishonest from the bank as ive spoke to a financial advisor and said rubbish its a PPI ,Lot of Commision for the Bank staff me thinks ,
I agree banks have to cover themselfs. but With a 40 Percent Deposit that should be ample ,Banks are a business and have to limit there gamble but to Charge 34000 euros with a 3.5% over 20 years is a bit much
Thread:
life Insurance on Mortgage
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