Important Customer Update
From 10th June 2022 Ulster Bank is no longer accepting new Mortgage applications with the following exceptions.
Existing Mortgage customers can continue to apply for a Top Up Mortgage until the 26th August 2022.
Existing Tracker & Offset Mortgage customers can continue to apply for a Mortgage loan offer to move property or a Top Up Mortgage until further notice.
Announcement by ECB of a rate increase
The European Central Bank (‘ECB’) announced an increase of 0.75% to 1.25% on 8th September 2022. We will write to all of our impacted customers within 10 business days of this announcement to provide specific information on the change to their tracker mortgage product rate and what this will mean for their monthly mortgage payment.
Please Note: this change will only impact ECB Tracker Mortgages.
You can continue to review your current rate and monthly repayment by logging on to Manage My Mortgage at www.ulsterbank.ie/mortgages/manage-your-ulster-bank-mortgage.html
If you want to get in touch with us to request a Fixed Rate Quote or breakage fee or wish to order a statement please email: ECBRateIncrease@ulsterbank.com and include your name, account number and contact details. A member of our team will be in touch you within 48 hours.
If you feel that you may have difficulty repaying your mortgage, we’re here to help. You can call our Arrears Support Unit on 1800 435 763 or log on to www.ulsterbank.ie/managingdebt where you can leave your details with us and we'll call you back at a time that's convenient for you.
Tracker Mortgage Options
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.
Tracker Mortgage Customers
We understand your circumstances may have changed
Our Tracker & Negative Equity mortgages are for existing tracker mortgage customers who wish to move to a new home and are either on a tracker rate 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.
If you are ready to make a move you could talk to one of our Mortgage Managers and find out how much you could borrow.
Our Tracker mortgages could allow existing Tracker Mortgage 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.
Ready to talk to us?
Read this important information about our mortgages.
Note: If you are trying to get in touch with us in relation to the ECB rate increase. Please email: ECBRateIncrease@ulsterbank.com with your name, account number and contact details and a member of our team will be in touch within 48hours.