Quote:
Originally Posted by 8sPOT
The legalities around tied selling are stupid. If I tell someone they cannot get a mortgage without taking insurance, that is tied selling. If I tell someone they cannot get a certain rate on that mortgage without taking insurance thats fine.
If you aren't being denied a product it isn't tied selling.
The moral of the story is, buy shares in banks.
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Interesting. What if I already have insurance? Is that still OK to make my buying insurance a condition of getting the best rate?