Ulster Bank announces market-leading fixed-rate mortgage

Ulster Bank announces market-leading fixed-rate mortgage

Ulster Bank

Ulster Bank has announced a new summer special for new and existing customers with a market-leading fixed-rate mortgage deal.

The new three-year fixed rate of just 4.25% 4.5% APR fixed*, available until 30 September 2014, will be a boost for first-time buyers in the market as the deal is available up to 90% LTV. At the end of the fixed rate term, rates revert to our Standard Variable Rate which is currently 4.50%. New and existing customers can benefit from the deal. As an added bonus, new residential mortgage customers can also benefit from free property valuations until the end of 2014, saving a cool €130 in fees.

Jim Ryan, Managing Director of Branch Banking, Ulster Bank, said: “These market-leading rates are a signal of our commitment to support people’s home-owning aspirations and to give them the YES that they’re looking for.

 “We want to support customers to make the moves and decisions that are right for them. Our 300 trained mortgage specialists are available for late appointments and Saturday appointments and we can arrange a free call-back at a time that suits them.”

Earlier this year, Ulster Bank announced that it has a dedicated €850m for personal lending and that if the right type of demand existed it would increase the finance available. Ulster Bank is approving eight out of 10 first-time buyer mortgage applications.

To make it easier for customers to contact the bank and understand their options, Ulster Bank also has a series of online tools which borrowers can use to determine their possible mortgage costs and see what kind of mortgage might suit their budget and needs before talking to Ulster Bank’s team.

Customers considering a mortgage should call into their local Ulster Bank branch or make an appointment with one of the Bank’s 300 trained mortgage specialists. Free call-backs are available, so customers can arrange appointments at a time that works for them. Ulster Bank assesses each individual’s circumstances and gives an indication of the level of mortgage finance that they may be eligible to borrow to help make an informed decision on the properties the customer can afford.

Customers can find out more about Ulster Bank’s mortgage offers by calling 1800 303 004.

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