Mortgage Rates - Mortgages | Ulster Bank

Mortgage Rates

Our range of Residential &
Buy to Let mortgages

Read this Important Information
about our mortgages
What's my Loan to Value?

Your Loan to Value (or LTV) is the size of your mortgage as a percentage of the value of your property.

For instance, if you have £60,000 mortgage and your home is worth £100,000, your LTV is 60%.

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. 

Rates effective 7th November 2017

Residential Flexible Variable Rates

Our flexible variable rate mortgages track Ulster Bank Standard Variable Rate (SVR) for the entire life of the loan. Standard Variable Rate is currently 4.30% SVR*.

If you choose a flexible variable rate, you can move to a fixed rate at any time with no Early Redemption Charges .

*As Standard Variable Rate (SVR) is not linked to the European Central Bank base rate (ECB), the rate can increase at any time even if there is no change in the ECB base rate.

Accordion

Icon expand Flexible Variable Rates

  LTV Rate
Discounted Variable Up to 60% 3.50%
(4.30% SVR* - 0.80%)
Discounted Variable  Up to 80% 3.70%
(4.30% SVR* - 0.60%)
Flexible Variable
Up to 90% 4.30%
(4.30% SVR* + 0.00%)

 

Loyalty

Our Loyalty rates are available to Ulster Bank current account customers. Customers must have an income mandated to an Ulster Bank current account.

  LTV Rate
Loyalty Discounted Variable Up to 60% 3.20%
(4.30% SVR* - 1.10%)
Loyalty Discounted Variable
Up to 80% 3.30%
(4.30% SVR* - 1.00%)
Loyalty Discounted Variable Up to 90% 3.70%
(4.30% SVR* - 0.60%)

 

Loyalty Plus

Our Loyalty Plus rates are available to Ulster Bank current account customers who are borrowing €200,000 or more. Customers must have an income mandated to an Ulster Bank current account.

  LTV Rate
Loyalty Plus Discounted Variable Up to 60% 3.00%
(4.30% SVR* - 1.30%)
Loyalty Plus Discounted Variable
Up to 80% 3.10%
(4.30% SVR* - 1.20%)
Loyalty Plus Discounted Variable Up to 90% 3.50%
(4.30% SVR* - 0.80%)

 

SVR - Ulster Bank Standard Variable Rate
LTV - Loan to Value

Find out more about our flexible variable rates

 

Use our mortgage calculator to find out how much your repayments are likely to be.

Mortgage Calculator
Residential Fixed Rates

With our fixed rate mortgages the repayment amount is fixed for an initial period. Early Redemption Charges apply during this time.

When your fixed rate mortgage expires you can revert to SVR* or any other mortgage product that you may be offered at this time.

*As Standard Variable Rate (SVR) is not linked to the European Central Bank base rate (ECB), the rate can increase at any time even if there is no change in the ECB base rate.

Accordion

Icon expand 3 Year Rates - Fixed until 31 March 2021

LTV
Initial
Rate
Rate at
end of term*
Fixed Rate - Up to 60% LTV 3.15%
4.30% SVR*
Fixed Rate - Up to 80% LTV 3.19% 4.30% SVR*
Fixed Rate - Up to 90% LTV 3.35% 4.30% SVR*

 

Loyalty

Our Loyalty rates are available to Ulster Bank current account customers. Customers must have an income mandated to an Ulster Bank current account.

LTV
Initial
Rate
Rate at
end of term*
Loyalty Fixed Rate - Up to 60% LTV 2.95%
4.30% SVR*
Loyalty Fixed Rate - Up to 80% LTV 2.99% 4.30% SVR*
Loyalty Fixed Rate - Up to 90% LTV 3.20% 4.30% SVR*

 

Loyalty Plus

Our Loyalty Plus rates are available to Ulster Bank current account customers who are borrowing €200,000 or more. Customers must have an income mandated to an Ulster Bank current account.

LTV
Initial
Rate
Rate at
end of term*
Loyalty Plus Fixed Rate - Up to 60% LTV 2.75%
4.30% SVR*
Loyalty PlusFixed Rate - Up to 80% LTV 2.85% 4.30% SVR*
Loyalty PlusFixed Rate - Up to 90% LTV 3.10% 4.30% SVR*


LTV - Loan to Value

Find out more about our fixed rates
Accordion

Icon expand 4 Year Rates - Fixed until 31 March 2022

For First Time Buyers, our 4 year fixed rate is available to customers who are borrowing €200,000 or more with a maximum Loan to Income ratio of 3.5 (using Income as determined for the mortgage application process) and a maximum Loan to Value of 90%.

For customers switching their mortgage from another lender, but not seeking any additional top-up on their mortgage, our 4 year fixed rate is available to customers who are borrowing €200,000 or more, with a maximum Loan to Value of 90%.

For all other customers, our 4 year fixed rate is available to customers who are borrowing €200,000 or more with a maximum Loan to Income ratio of 3.5 (using Income as determined for the mortgage application process) and a maximum Loan to Value of 80%.

 

LTV
Initial
Rate
Rate at
end of term*
Fixed Rate - Up to 80% LTV 2.60%
4.30% SVR*
Fixed Rate - Up to 90% LTV 2.99%
4.30% SVR*


LTV - Loan to Value

Find out more about our fixed rates
Accordion

Icon expand 5 Year Rates - Fixed until 31 March 2023

LTV
Initial
Rate
Rate at
end of term*
Fixed Rate - Up to 60% LTV 3.35%
4.30% SVR*
Fixed Rate - Up to 80% LTV 3.40% 4.30% SVR*
Fixed Rate - Up to 90% LTV 3.75% 4.30% SVR*

 

Loyalty

Our Loyalty rates are available to Ulster Bank current account customers. Customers must have an income mandated to an Ulster Bank current account.

LTV
Initial
Rate
Rate at
end of term*
Loyalty Fixed Rate - Up to 60% LTV 3.10%
4.30% SVR*
Loyalty Fixed Rate - Up to 80% LTV 3.20% 4.30% SVR*
Loyalty Fixed Rate - Up to 90% LTV 3.50% 4.30% SVR*

 

Loyalty Plus

Our Loyalty Plus rates are available to Ulster Bank current account customers who are borrowing €200,000 or more. Customers must have an income mandated to an Ulster Bank current account.

LTV
Initial
Rate
Rate at
end of term*
Loyalty Plus Fixed Rate - Up to 60% LTV 2.90%
4.30% SVR*
Loyalty PlusFixed Rate - Up to 80% LTV 2.99% 4.30% SVR*
Loyalty PlusFixed Rate - Up to 90% LTV 3.40% 4.30% SVR*

 

High Value

Our 5 year fixed High Value rate is available to customers who are borrowing €500,000 or more, with a maximum Loan to Value of 80%.

LTV
Initial
Rate
Rate at
end of term*
High Value Fixed Rate - Up to 80% LTV 2.50%
4.30% SVR*


LTV - Loan to Value

Find out more about our fixed rates
Accordion

Icon expand 7 Year Rates - Fixed until 31 March 2025

LTV
Initial
Rate
Rate at
end of term*
Fixed Rate - Up to 60% LTV 3.29%
4.30% SVR*
Fixed Rate - Up to 80% LTV 3.39% 4.30% SVR*
Fixed Rate - Up to 90% LTV 3.49% 4.30% SVR*


LTV - Loan to Value

Find out more about our fixed rates

 

Use our mortgage calculator to find out how much your repayments are likely to be.

Mortgage Calculator
Buy to Let Rates

Our flexible variable rate mortgages track Ulster Bank Standard Variable Rate (SVR) for the entire life of the loan. Standard Variable Rate is currently 4.30% SVR*.

If you choose a flexible variable rate, you can move to a fixed rate at any time with no Early Redemption Charges.

With our fixed rate mortgages the repayment amount is fixed for an initial period. Early Redemption Charges apply during this time.

When your fixed rate mortgage expires you can revert to SVR* or any other mortgage product that you may be offered at this time.

*As Standard Variable Rate (SVR) is not linked to the European Central Bank base rate (ECB), the rate can increase at any time even if there is no change in the ECB base rate.

Accordion

Icon expand Lifetime Flexible Variable Rates

LTV Rate
Up to 60% (4.30% SVR + 0.20%)
4.50%
Up to 70%
(4.30% SVR + 0.65%)
4.95%

 


LTV - Loan to Value

Find out more about our flexible variable rates
Accordion

Icon expand 2 Year Rates - Fixed until 31 March 2020

LTV Initial
Rate
Rate at
end of term*
Up to 60% 4.50% 4.30% SVR*
Up to 70% 4.95% 4.30% SVR*

 


LTV - Loan to Value

Find out more about our fixed rates
Accordion

Icon expand 5 Year Rates - Fixed until 31 March 2023

LTV Initial
Rate
Rate at
end of term*
Up to 60% 4.95% 4.30% SVR*
Up to 70%
5.40% 4.30% SVR*


LTV - Loan to Value

Find out more about our fixed rates

 

Use our mortgage calculator to find out how much your repayments are likely to be.

Mortgage Calculator

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.

If you choose a variable interest rate loan:
Variable rate loans: The payment rates on this housing loan may be adjusted by the lender from time to time.

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.

Set Tab for lightbox