Exactly my thoughts - simple debt it seems to me is what the shortfall becomes as soon as the lender is not involved as the insurance company chases the insurance payout.(posted 8346 days ago)All the indicators point to this and an answer I got from a legal web site suggested this may be the case as did a government department. The later said it was the case in commercial law and therefore could not see it being different in residential law.
I have tried to get RSA to make comment on this and have even gone at them head on with text to the effect of simple debt, I think I found the basis for it on this site, but as like anything that may be a bit close to the mark they just ignore it.