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House Valuation Query

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  • 09-08-2013 11:12am
    #1
    Deelz
    Registered Users Posts: 1 ✭


    Hi,

    I'm currently coming off a fixed term and onto variable in my mortgage. The bank (AIB) sent me out a letter asking the value of my house so they could put me onto a variable rate. I sent back a letter saying that the value of the mortgage was <50% of the value of the house. Now they sent me a letter back asking for the official valuation. Should I use one of their valuers or a different estate agent? Also how much should I expect to pay for this?

    Thanks


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    #2
    valleyoftheunos
    Closed Accounts Posts: 2,332 ✭✭✭valleyoftheunos


    Deelz wrote: »
    Hi,

    I'm currently coming off a fixed term and onto variable in my mortgage. The bank (AIB) sent me out a letter asking the value of my house so they could put me onto a variable rate. I sent back a letter saying that the value of the mortgage was <50% of the value of the house. Now they sent me a letter back asking for the official valuation. Should I use one of their valuers or a different estate agent? Also how much should I expect to pay for this?

    Thanks

    Use one of their approved valuers, about €90 - €120


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