OneMove have announced they're making their gazumping insurance available to all house buyers in England and Wales. Previously it was available to registered OneMove customers only. Sixty-nine pounds and nine-ninety nine pence will buy cover for up to £1,500 expenses, including £750 conveyancing costs, £250 lender's fees and £500 survey costs, assuming a buyer registers within seven days of their offer being accepted. The situations in which the insurance will pay out include a property being withdrawn and a vendor accepting another offer at least £1,000 higher, plus a range of technical issues arising from a search or valuation. There's small print... but we haven't received it... and we don't know what the excess is, so - as always - we urge caution. But it might be worth a look. Especially in the current market.
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