Amazing Rates | Mortgages | Ulster Bank

Ulster Bank Mortgages - Ireland's Lowest Fixed Rate mortgage at 2.6% for 4 years

Switch for an amazingly low fixed rate mortgage

Request a call back Please read Important
Information about our mortgages

3.7% annual percentage rate of charge. Maximum Loan to Value is 80%. Loan to Income criteria applies. Minimum Mortgage amount is €200,000. Standard Variable Rate applies after the fixed term, currently 4.3%. Security and insurance required. Product fees may apply. Over 18s only.

Help for what matters... We now offer €1,500 towards your legal fees

This includes first time buyers, home movers, switchers and buy to let customers for mortgage offers issued between 13 March 2015 and 30 June 2018.

Find out more about the offer and who is eligible.

What's the offer & who's eligible?
€1,500 towards your legal fees

What’s the offer

 Offer is available across the Ulster Bank residential and buy to let mortgage product range

 Mortgage offer must be issued by 30 June 2018

€1,500 payment as a contribution to your legal fees will be made into the current account from which your mortgage payment is made after mortgage drawdown. This amount is fixed and will not change if your legal fees are higher or lower

 

Who is eligible?

 Any customer taking a new mortgage, including first time buyers, home movers switchers and buy to let

 Minimum mortgage amount is €40,000 for residential and €50,000 for buy to let

 Excludes home mover mortgage where entire balance is on a historic ported product or 10 year tracker, further advance, negative equity, retention and transfer of title mortgages

 The maximum mortgage available for First Time Buyers is up to 90% of purchase price or the value of the property, whichever is lower

 For home movers a maximum Loan to Value of 80% applies - these limits may vary

 For mortgage switchers a maximum Loan to Value of 90% applies, which reduces to 80% if you want a borrow more than your current mortgage balance

 Buy to Let, negative equity mortgages and mortgages in arrears are excluded from these Loan to Value limits

Request a call back
from a mortgage specialist

The switching process explained

When you switch your mortgage from your current provider to another lender this is known as remortgaging.

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Icon expand Step 1 - Review your current mortgage deal

When you are switching you can choose to change the mortgage term or the amount that you're borrowing. This is a good opportunity to see if you can save on your monthly repayments by choosing a mortgage with a lower interest rate or plan.

Remember, your lender may charge you if you pay off your mortgage before the end of the term. This is called a breakage cost. There may also be a redemption charge or exit fee.

Make sure you've done your research so you know the costs involved and can make an informed decision.

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Icon expand Step 2 - Decide which deal suits you

Take your time to research the best deal for you. Use our mortgage calculator to find a mortgage that suits you.

Find a mortgage
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Icon expand Step 3 - Finalise your new deal

Firstly, we will assess your application and carry out the relevant credit checks. Once this is complete, we will arrange for your property to be valued to keep your valuation up to date.

We will also contact your solicitor to request your title deeds and details of the freeholder if the property is leasehold.

We now offer €1,500 towards your legal fees on all new mortgages.
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Icon expand Step 4 - Completion

Once you've successfully gone through the valuation and relevant credit checks, you will receive a formal offer in writing.  

Remember to complete the instructions in the letter and return to us as requested.  You should also keep a copy for yourself.

Your solicitor could manage this process for you, including ensuring your existing mortgage provider is repaid in full.

Getting started is easy Tools and calculators

Use our mortgage calculators to find out how much you could borrow and find a mortgage to suit you. Also see you much you could save if you make an overpayment.

Warning: Your home is at risk if you do not keep up payments on a mortgage or any other loan secured on it.

Warning: If you do not meet the repayments on your loan, your account will go into arrears. This may affect your credit rating, which may limit your ability to access credit in the future.

If you choose a fixed rate mortgage:
Warning: You may have to pay charges if you pay off a fixed rate loan early.

Representative example Assuming a total amount of credit of €100,000 repayable over 20 years at a borrowing rate of 4.3% (variable), the cost per month is €621.90 excluding insurance. The total amount to be repaid is €149,294 which includes a release of security fee of €38. The Annual Percentage Rate of Charge is 4.4% (variable). The additional cost per month of a 1% rise in the rate of interest of such a mortgage is €54.74 and would be payable monthly. The above quotation is for illustrative purposes only.

Life Insurance Offer

Key Information - Free Life Insurance is available for a 12 month period and is provided by Irish Life Assurance plc. Offer available to First Time Buyers aged between 18 and 55. To apply you must answer a qualifying health question. You must agree to receive updates on Irish Life’s products and services in writing by post, email, mobile or telephone. You can change your mind and opt out of direct marketing at any time.

Important Information - You can also apply for dual cover where both lives have €25,000 free cover each. If you die within the 12 month period, it will pay out a lump sum of €25,000. Ulster Bank Ireland DAC is tied to Irish Life Assurance plc. for life insurance plans. Irish Life Assurance plc is regulated by the Central Bank of Ireland. 

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