fees
new business procuration fees
| direct ** | via club/network *** | min | |
| Standard | 35 BPS | 40 BPS | £175 |
| Self-Cert | 50 BPS | 55 BPS | N/A |
| Buy-to-Let | 55 BPS | 60 BPS | N/A |
**direct fees will be paid for business submitted direct to Bank of Ireland Mortgages
***via club/network fees will be paid to the club/network. Contact your distributor representative for details of their procuration fee scale.
Note: for additional borrowing or portability procuration fees please call the broker hotline on
0118 968 4333* and select the option for sales.
valuation fees
| purchase price or estimated value | standard fee | homebuyers |
| up to £50,000 | £190 | £310 |
| £50,001 to £75,000 | £208 | £348 |
| £75,001 to £100,000 | £220 | £390 |
| £100,001 to £150,000 | £240 | £440 |
| £150,001 to £200,000 | £255 | £470 |
| £200,001 to £250,000 | £300 | £520 |
| £250,001 to £300,000 | £340 | £580 |
| £300,001 to £350,000 | £400 | £670 |
| £350,001 to £400,000 | £460 | £780 |
| £400,001 to £450,000 | £535 | £810 |
| £450,001 to £500,000 | £610 | £840 |
| £500,001 to £600,000 | £685 | £840 |
| £600,001 to £700,000 | £685 | £870 |
| £700,001 to £ 750,000
| £760 | £900 |
| £750,001 to £800,000 | £835 | £950 |
| ££800,001 to £900,000 | £905 | £1105 |
| £900,001 to £1,000,000 | £1005 | £1245 |
| £1,000,001 to £2,000,000 | £1105 | £1455 |
| £2,000,001 to £300,000,000 | £1205 | £1605 |
| over £3,000,000 by negotiation |
All of the above fees include an administration charge of £105.
Remote properties may incur an additional charge to cover extra expenditure involved.
Reinspection fee £50.
It is important that you tick the box on page 2 of the mortgage application form if your client requires a Homebuyers Report.
If your client requires a Full Structural Survey, please confirm in writing and Bank of Ireland Mortgages will commission a standard report and ask the Valuer to make contact with your clients to discuss their requirements. Please note that to reduce our application-to-offer time, our underwriters shall instruct the Valuer as soon as they receive the completed application form. If you would prefer us to wait until we have received all supporting documentation please tick the opt-out box on the Declaration section of our application form.
It is essential that all valuations are carried out by a Valuer appearing in the most recent edition of our Valuers Panel, call us for details. For valuations over £500,000, please instruct one of our select panel of Valuers.
NOT FOR PUBLIC USE. FOR INTERMEDIARY USE ONLY
* To ensure you receive the first class service we aim to provide, calls may be monitored and recorded. Bank of Ireland Mortgages is the trading name of The Governor and Company of the Bank of Ireland which is authorised by the Irish Financial Regulator and authorised subject to limited regulation by the Financial Services Authority. Details about the extent of our authorisation and regulation by the Financial Services Authority are available from us on request. Registered in England and Wales with branch number BR000459. The Governor and Company of the Bank of Ireland, incorporated in the Republic of Ireland with limited liability. Bank of Ireland Mortgages, Plaza West, Bridge Street, Reading, RG1 2LZ. Tel: 0118 939 3393. Fax: 0118 958 7040. Website address: www.bim- online.com. Email: bdu@boi-mortgages.co.uk. VAT No. GB168 1961 35. Compliance approval 3067080725a.
Broker Hotline: 0118 968 4333*, email: bdu@boi-mortgages.co.uk
Business Development Unit, Bank of Ireland Mortgages, Plaza West, Bridge Street, Reading. Berkshire. RG1 2LZ
contact us
broker hotline: 0118 968 4333*
email: bdu@boi-mortgages.co.uk|
Business Development Unit
Bank of Ireland Mortgages
Plaza West
Bridge Street
Reading
Berkshire
RG1 2LZ