Another Mortgage Disadvantage

I've only ever paid contents insurance in my time as a renter. Of course, as soon as you enter mortgage land, the delightful world and extra cost of Buildings insurance enters the fray, as welcome as a wasp's nest in your shed (not my shed, I don't have one).

You know, with all these extra costs, I'm surprised so many people readily agree to get mortgages. 'I want to own my own home' they tell me. 'But you don't own it,' I tell them. 'The bank does until you've paid them back.'