Valuation Charge from Bank

Hi,

We are currently in the process of getting a mortgage from Bank of Ireland. They have debited Eur140 from our account for "Valuation". When I queried what this was we were told it was to do with our mortgage. Is this a normal charge? If I kick up could it be waived? They a) did not inform us of it and b) took the money from the incorrect account (i.e. a second account that has nothing to do with our mortgage).

Thanks
Ger

Don't know about getting the money back but we had to have our mortgage valued when we took out a top up loan on our mortgage. We had to pay the valuation fee which was about E100.

This is a normal charge, but it's usually only €127.

When I went for my mortgage I kicked up and had this waived. They are already making a lot of money out of you, so you should have plenty of leverage if you threaten to move elsewhere

Protest enough about it and they will waive it.