Pulls my hair out and no they are saying I need an easement policy is it to get right of way permision down the passage that takes us to our front door and theirs next door if this is the case why was I sold this house with out this policy in place and yes same firm of solicitors arghhhhhhhhhhhhhhh wouldn't mind but i dont need it the buyer does grrrrrrrrrrrr
Annoyingly, the rules on who needs what when change over time, so it may not have been required when you bought, Patsy, unless you bought in very recent years. The reason you are being asked to provide the insurance could be there is a difficulty insuring a property they don't own, until completions, so there could, potentially, be a chicken and egg situation in play?
Why not stipulate that you will provide the insurance, but the cost to be paid by the buyers? If they say no, you have a choice, but if contracts are signed, and exchanged already, be very careful of the penalties for withdrawal at this stage. They are significant and would, I feel certain, put the cost of the insurance into the shade.
If, on the other hand, you haven't exchanged contracts (and exchanging is the issue, not signing), you aren't legally bound, but will already be several hundred, if not thousands down in legal and disbursement costs which you would still be liable for.
Moving isn't for the feint hearted.