Bank valuations are considered out of date after 6 months, the bank will almost certainly carry out a new valuation which you will also have to pay for, it may be worth considering taking over the existing mortgage as you will save the opening commisions (often 1%)
I agree with Jim. The bank will make a new valuation at todays prices and you will have to pay for this. It will depend who the bank uses for the valuation but in my area they cost around 200 to 300 euros. Jim is right that there would be an opening cost of around 1% to 1.5% to open a new mortgage so his advise to take over the existing mortgage is very valid.
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