ulster bank?

davenkelly

Hi,

i was wondering if anyone can help, i have looked at my credit file on experian, and have a soft search from Ulster bank.
To give you a bit of info, I have applied for a mortgage with RBS at the start of December, i have a MIP and a valuer is coming round on tuesday.

its basically a quick question to see whether Ulster bank is connected to RBS in anyway?

i have already had a full credit search from RBS and a further soft search from RBS GMC mortgage?!?!?!

also, to ask another question!!....i know this is very blatant, and sorry to the seriously brainy ones out there...but would a mortgage company send a valuer round if they were goig to decline you?!?! (as obviously i have had to pay them £257 for the valuer!!!)

thanks in advance!
oh...and sorry for waffling!!

doelani

Yes Ulster Bank is part of the RBS group and hate to eb the bearer of bad news but a mortgage can still be declined after the valuation has been done.

davenkelly

thank you for your reply, and yes i thought they could decline after a valuation, hoping they won't as i also assume that if they did decline after valuation, then i would lose the valuation fee?

hmmm....banks eh!!

doelani

davenkelly wrote: »

thank you for your reply, and yes i thought they could decline after a valuation, hoping they won't as i also assume that if they did decline after valuation, then i would lose the valuation fee?

hmmm....banks eh!!

We once had a mortgage declined the day the valuation was being done !!!

We managed to fight and get the valuation money back as we had asked to not have the valuation done until mortgage was approved in full.

Maybe you should ring monday and ask what happens if valuation done and then mortgage is not sucsessful. I am not sure what way differnet banks work.

davenkelly

that actually is a genuinely good idea!!!!

thanks very much

:-)