Mortgage Loan Offer

[niallkelly14]

hi

we have got approval already for 310k and have just gone sale agreed for 280k. we have a letter of offer from one bank - how hard a bargain can i get from them re getting preferential rates etc. I intend telling them that if they can give us a good rate etc i will move all my banking to them - is this liable to result in us getting a better deal

 

[Sarah W]

Probably not. Margins are pretty tight on mortgages these days but there's no harm in a. asking and b. shopping round.

Sarah

www.rea.ie

 

[ClubMan]

If applicable, ask them to waive the valuation survey fee and any other ancillary fees that might apply (e.g do lenders still charge indemnity bond fees for high LTVs?) and shop around separately for mortgage protection life assurance and home insurance as lenders rarely offer the best deals.