First Time Buyers - Mortgages | Ulster Bank

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Lending criteria, terms and conditions apply. Over 18s only and Republic of Ireland residents only. Mortgaged property must be in Republic of Ireland. Security, buildings insurance and life cover required. 

Buying your first home?

It's an exciting time buying your first home. But it can be hard to know where to start when it comes to the important decisions such as choosing the right mortgage.

We have tools and calculators to help you plan and helpful guides to lead you through every step.

If you are ready to make a move you can show agents and sellers that you're a serious buyer with our Agreement in Principle.

Why choose us?
What makes an Ulster Bank mortgage different? Why choose us?

We offer €1,500 towards your legal fees on all new residential and buy to let mortgages, mortgage offer must be issued by 30 June 2018

Ulster Bank currently offer a free standard valuation on our new mortgages. Only one free valuation per customer applies.

We offer the same great rates to new and existing customers so when you’re fixed term ends, you can choose the best deal to suit your circumstances

We’ve lowered our variable and fixed rates and extended our range of fixed terms up to 7 years which means you can now fix lower for longer

Many of our branches are open for mortgage appointments on Saturday mornings

Our Mobile Mortgage Managers can travel to meet you to discuss your new mortgage in a place that suits you

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 by 30 June 2018.

Find out more about the offer and who is eligible.

What's the offer & who's eligible?
A mortgage you can live with €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
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Mortgage calculator

Found a house you want to buy?

Review our wide range of fixed rate and flexible variable rate mortgages and find out how much your repayments are likely to be with our easy to use mortgage calculator.

Find a mortgage
  Costs to consider

Our guide to buying a home can help you begin to understand all the costs involved in buying your home.

You may also wish to consider taking out buildings and contents insurance along with sickness and unemployment cover, as appropriate.

Read our guide to buying a home More about our insurance and protection options

About our mortgages

Fixed rate mortgages

Our fixed rate mortgages may make budgeting a little easier as the repayment amount is fixed for an initial term

Find out more

Flexible variable mortgages

These mortgages track the Ulster Bank Standard Variable Rate plus or minus a set margin for the entire life of the loan

Find out more

Eligibility criteria

Find out about our eligibility criteria including how much you could borrow and for how long

Find out more


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.


Helpful guides

Family on sofa Buying a home

Our step-by-step guide to help you buy your new home.

Couple in branch with mortgage adviser/ specialist Application process

Our step-by-step guide to the mortgage application

Mother & daughter working at desk Common questions

Answers to questions we are asked most often about mortgages.

Row of terrace houses Jargon buster

A list of key terms and phrases we'd like to help you understand.

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