If you need a property valuation report for a new home loan or a top up mortgage application please contact your local EBS office who will arrange this for you.  

If you already have a mortgage with us and need a new valuation report for a variable rate change request, please read the below information. 

Your Loan to Value (LTV) can change throughout the term of your mortgage. Where the LTV changes sufficiently, owner occupier mortgage customers may be able to move between LTV interest rate bands.

How to calculate your Loan to Value: Divide your total outstanding mortgage loan balance by the value of your property e.g. (€280,000 ÷ €350,000) x 100 = 80% LTV. Your mortgage loan balance should take into consideration any top up loans or arrears that you may have.

A valuation report will not be required in the following circumstances:

• If you choose an LTV interest rate based on an LTV band that has previously been applied to your mortgage loan or;
• If you choose a >80% LTV rate band

LTV interest rates are not available at the drawdown of a new top up loan although EBS reserves the right to review and/or amend this eligibility criteria from time to time.

To confirm if you are eligible to move to a lower LTV rate or if a valuation report is required please contact your local EBS office or the EBS Customer Contact Centre on 0818 654 322. Please note the following:

• You are responsible for the cost of the valuation report.
• The valuation report must be dated within the past 6 months
• The valuation report must be completed by an approved valuer from the Residential Mortgage Valuers Panel.

Prior to ordering a valuation report EBS recommends that you check the Property Price Register and or DAFT to help you understand what similar houses in your area have been sold for recently. This will help you estimate your current Loan to Value position.

If you have been informed by your local EBS office that a valuation report is required a for a variable rate change, please select a valuer in your county.