Before signing the contract it is really important to have independent checks made on the property.
A valuation is designed to give an idea of the property's condition and how much it is worth. Ulster Bank currently offer a free standard valuation on our new mortgages. Only one free valuation per customer applies.
In each case a valuer will be nominated from Ulster Bank’s valuation panel to carry out a valuation for the Bank. However, you may arrange directly with a surveyor to have a structural survey carried out, this is a lot more thorough and would highlights any problems with the property. You may also choose to carry out your own valuation of the property for your own purposes.
You will need to have an Building Energy Certificate issued - this highlights how efficient the property is at using energy.