Important Notice about Closure to New Business
With effect from close of business 29 October 2021, Ulster Bank Ireland DAC will not accept any new application requests from personal customers. There are some exceptions to this for existing customers, click here for further information.
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
WARNING: IF YOU SWITCH TO AN ALTERNATIVE INTEREST RATE, YOU WILL NOT BE CONTRACTUALLY ENTITLED TO GO BACK ONTO A TRACKER INTEREST RATE IN THE FUTURE.
Is it time for your next move?
We understand your circumstances may have changed
Our Tracker & Negative Equity mortgages are for existing residential customers who wish to move to a new home but are either on a tracker rate or who are in negative equity, or indeed are both on a tracker rate and in negative equity.
Tracker & Negative Equity excludes investment properties and is only available on your main home.
Our Tracker & Negative Equity mortgages could allow existing customers to:
Transfer your negative equity to a new home
Trade down and move to a smaller property with a lesser mortgage
Trade up and move to a larger property with a bigger mortgage
Have a new loan to value (LTV) up to 140%
Extend the term of your mortgage up to 35 years (to maximum age 70)
Change ownership of your mortgaged property
Lending criteria, terms and conditions apply
Important Information for existing tracker rate customers
If you are on a tracker rate and you wish to move home using a Home Mover mortgage, you will lose your right to your tracker rate for the lifetime of your mortgage.
You will have a new mortgage agreement and your monthly repayments, your total amount repayable, and the interest rate on your mortgage may be higher than under your previous mortgage.
We'll make sure all of this is clear to you upfront.