Co-Ownership - Rates

Rates correct as at 23rd March 2012 and are subject to change.

Mortgage type Ongoing rate after initial deal period The overall cost for comparison is Early repayment charge
Co-Ownership Discount rate (discount on our standard variable rate) 4.00% variable for the rest of the term 3.80% APR variable 3% of amount repaid if you repay prior to 31/05/2014
Initial rate
2.70% variable
until 31/05/2014
LTV: 60%

LTVs available are in steps of 5% up to 60%.

An early repayment charge is payable if the mortgage is paid, in part or full, before 31 May 2014. A valuation fee is paid by Ulster Bank Limited. An arrangement fee of £0 is payable on this mortgage.

Only available for new customers purchasing a property through the Co-Ownership scheme.

Example: for a capital and interest 2 Year Discount variable mortgage, where LTV is 60% or less, for £100,000 over 25 years. Monthly payments during the discounted variable rate period - £458.76. Monthly payments at current standard variable mortgage rate - £522.81. Total amount repayable - £155,305.80.

The ratio of loan required to property value or purchase price, whichever is lower is known as Loan to Value (LTV). Maximum mortgage available is 60% of LTV. Ask for a personalised Key Facts Illustration from any Ulster Bank branch.

        

(Ref: var7106)

Mortgage type Ongoing rate after initial deal period The overall cost for comparison is Early repayment charge
Co-Ownership Discount rate (discount on our standard variable rate) 4.00% variable for the rest of the term 3.90% APR variable 3% of amount repaid if you repay prior to 31/05/2014
Initial rate
2.90% variable
until 31/05/2014
LTV: 75%

LTVs available are in steps of 5% up to 75%.

An early repayment charge is payable if the mortgage is paid, in part or full, before 31 May 2014. A valuation fee is paid by Ulster Bank Limited. An arrangement fee of £0 is payable on this mortgage.

Only available for new customers purchasing a property through the Co-Ownership scheme.

Example: for a capital and interest 2 Year Discount variable mortgage, where LTV is 75% or less, for £100,000 over 25 years. Monthly payments during the discounted variable rate period - £469.03. Monthly payments at current standard variable mortgage rate - £523.62. Total amount repayable - £155,775.84.

The ratio of loan required to property value or purchase price, whichever is lower is known as Loan to Value (LTV). Maximum mortgage available is 75% of LTV. Ask for a personalised Key Facts Illustration from any Ulster Bank branch.

        

(Ref: var6024)

Mortgage type Ongoing rate after initial deal period The overall cost for comparison is Early repayment charge
Co-Ownership Fixed rate until 31/05/2014 4.00% variable for the rest of the term 3.90% APR variable 3% of amount repaid if you repay prior to 31/05/2014
Initial rate
2.95% fixed
until 31/05/2014
LTV: 60%

LTVs available are in steps of 5% up to 60%.

An early repayment charge is payable if the mortgage is paid, in part or full, before 31 May 2014. A valuation fee is paid by Ulster Bank Limited on all properties valued up to £1 million. Valuation fee negotiable for properties valued in excess of £1 million. An arrangement fee of £0 is payable on this mortgage.

Only available for new customers purchasing a property through the Co-Ownership scheme.

Example: for a capital and interest 2 Year Fixed mortgage, where LTV is 60% or less, for £100,000 over 25 years. Monthly payments during the fixed rate period - £471.61. Monthly payments at current standard variable mortgage rate - £523.83. Total amount repayable - £155,895.72.

The ratio of loan required to property value or purchase price, whichever is lower is known as Loan to Value (LTV). Maximum mortgage available is up to 60% of LTV. Ask for a personalised Key Facts Illustration from any Ulster Bank branch.

        

(Ref: fix7109)

Mortgage type Ongoing rate after initial deal period The overall cost for comparison is Early repayment charge
Co-Ownership Fixed rate until 31/05/2014 4.00% variable for the rest of the term 3.90% APR variable 3% of amount repaid if you repay prior to 31/05/2014
Initial rate
3.19% fixed
until 31/05/2014
LTV: 75%

LTVs available are in steps of 5% up to 75%.

An early repayment charge is payable if the mortgage is paid, in part or full, before 31 May 2014. A valuation fee is paid by Ulster Bank Limited. An arrangement fee of £0 is payable on this mortgage.

Only available for new customers purchasing a property through the Co-Ownership Scheme.

Example: for a capital and interest 2 Year Fixed mortgage, where LTV is 75% or less, for £100,000 over 25 years. Monthly payments during the fixed rate period - £484.15. Monthly payments at current standard variable mortgage rate - £524.78. Total amount repayable - £156,458.88.

The ratio of loan required to property value or purchase price, whichever is lower is known as Loan to Value (LTV). Maximum mortgage available is 75% of LTV. Ask for a personalised Key Facts Illustration from any Ulster Bank branch.

        

(Ref: fix4954)

Mortgage type Ongoing rate after initial deal period The overall cost for comparison is Early repayment charge
Co-Ownership Flexi Variable rate N/A 4.30% APR variable N/A
Initial rate
4.20% variable
LTV: 60%

This mortgage tracks our Standard Variable Rate plus a set margin of 0.20% for the life of the mortgage. LTVs available are in steps of 5% up to 60%.

A valuation fee is paid by Ulster Bank Limited on all properties valued up to £1 million. Valuation fee negotiable for properties valued in excess of £1 million. An arrangement fee of £0 is applicable on this variable rate mortgage.

Example: for a capital and interest Flexi mortgage, where LTV is 60% or less, for £100,000 over 25 years at 4.20%, the overall cost for comparison is 4.30% APR variable. There would be 300 monthly repayments of £538.94, total amount repayable £161,682.00.

The ratio of loan required to property value or purchase price, whichever is lower is known as Loan to Value (LTV). Maximum mortgage available is 60% of LTV. The actual rate depends on your circumstances. Ask for a personalised Key Facts Illustration from any Ulster Bank branch.

        

(Ref: var5244)

Mortgage type Ongoing rate after initial deal period The overall cost for comparison is Early repayment charge
Co-Ownership Fixed rate until 31/05/2017 4.00% variable for the rest of the term 4.20% APR variable 3% of amount repaid if you repay prior to 31/05/2017
Initial rate
4.35% fixed
until 31/05/2017
LTV: 60%

LTVs available are in steps of 5% up to 60%.

An early repayment charge is payable if the mortgage is paid, in part or full, before 31 May 2017. A valuation fee is paid by Ulster Bank Limited. An arrangement fee of £0 is payable on this mortgage.

Only available for new customers purchasing a property through the Co-Ownership scheme.

Example: for a capital and interest 5 Year Fixed mortgage, where LTV is 60% or less for £100,000 over 25 years. Monthly payments during the fixed rate period - £547.35. Monthly payments at current standard variable mortgage rate - £531.05. Total amount repayable - £160,293.00.

The ratio of loan required to property value or purchase price, whichever is lower is known as Loan to Value (LTV). Maximum mortgage available is 60% of LTV. The actual rate depends on your circumstances. Ask for a personalised Key Facts Illustration from any Ulster Bank branch.

        

(Ref: fix6485)

Mortgage type Ongoing rate after initial deal period The overall cost for comparison is Early repayment charge
Co-Ownership Fixed rate until 31/05/2017 4.00% variable for the rest of the term 4.30% APR variable 3% of amount repaid if you repay prior to 31/05/2017
Initial rate
4.45% fixed
until 31/05/2017
LTV: 75%

LTVs available are in steps of 5% up to 75%.

An early repayment charge is payable if the mortgage is paid, in part or full, before 31 May 2017. A valuation fee is paid by Ulster Bank Limited. An arrangement fee of £0 is payable on this mortgage.

Only available for new customers purchasing a property through the Co-Ownership Scheme.

Example: for a capital and interest 5 Year Fixed mortgage, where LTV is 75% or less for £100,000 over 25 years. Monthly payments during the fixed rate period - £553.00. Monthly payments at current standard variable mortgage rate - £531.95. Total amount repayable - £160,848.00.

The ratio of loan required to property value or purchase price, whichever is lower is known as Loan to Value (LTV). Maximum mortgage available is 75% of LTV. Ask for a personalised Key Facts Illustration from any Ulster Bank branch.

        

(Ref: fix4955)

Mortgage type Ongoing rate after initial deal period The overall cost for comparison is Early repayment charge
Co-Ownership Flexi Variable rate N/A 4.90% APR variable N/A
Initial rate
4.75% variable
LTV: 85%

This mortgage tracks our Standard Variable Rate plus a set margin of 0.75% for the life of the mortgage. LTVs available are in steps of 5% up to 85%.

A valuation fee is paid by Ulster Bank Limited. An arrangement fee of £0 is payable on this mortgage.

Only available for new customers purchasing a property through the Co-Ownership Scheme.

Example: for a capital and interest Flexi mortgage, where LTV is 85% or less, for £100,000 over 25 years at 4.75%, the overall cost for comparison is 4.90% APR variable. There would be 300 monthly repayments of £570.12, total amount repayable £171,036.00.

The ratio of loan required to property value or purchase price, whichever is lower is known as Loan to Value (LTV). Maximum mortgage available is 85% of LTV. Ask for a personalised Key Facts Illustration from any Ulster Bank branch.

        

(Ref: var4956)

Mortgage type Ongoing rate after initial deal period The overall cost for comparison is Early repayment charge
First Buy Flexi Variable rate (80% LTV only) N/A 4.90% APR variable N/A
Initial rate
4.75% variable
LTV: 80%

This mortgage tracks our Standard Variable Rate plus a set margin of 0.75% for the life of the mortgage. Only 80% LTV is available on a First Buy mortgage.

A valuation fee is paid by Ulster Bank Limited. An arrangement fee of £0 is payable on this mortgage.

Only available for new customers purchasing a property through the First Buy Co-Ownership Scheme.

Example: for a capital and interest Flexi mortgage, where LTV is 80%, for £100,000 over 25 years at 4.75%, the overall cost for comparison is 4.90% APR variable. There would be 300 monthly repayments of £570.12, total amount repayable £171,036.00.

The ratio of loan required to property value or purchase price, whichever is lower is known as Loan to Value (LTV). Maximum mortgage available is 80% of LTV. Ask for a personalised Key Facts Illustration from any Ulster Bank branch.

        

(Ref: var8884)

Mortgage type Ongoing rate after initial deal period The overall cost for comparison is Early repayment charge
Co-Ownership Fixed rate until 31/05/2014 4.00% variable for the rest of the term 4.30% APR variable 3% of amount repaid if you repay prior to 31/05/2014
Initial rate
5.00% fixed
until 31/05/2014
LTV: 85%

LTVs available are in steps of 5% up to 85%.

An early repayment charge is payable if the mortgage is paid, in part or full, before 31 May 2014. A valuation fee is paid by Ulster Bank Limited. An arrangement fee of £0 is payable on this mortgage.

Only available for new customers purchasing a property through the Co-Ownership scheme.

Example: for a capital and interest 2 Year Fixed mortgage, where LTV is 85% or less, for £100,000 over 25 years. Monthly payments during the fixed rate period - £584.59. Monthly payments at current standard variable mortgage rate - £531.29. Total amount repayable - £160,666.20.

The ratio of loan required to property value or purchase price, whichever is lower is known as Loan to Value (LTV). Maximum mortgage available is 85% of LTV. Ask for a personalised Key Facts Illustration from any Ulster Bank branch.

        

(Ref: fix6204)

Mortgage type Ongoing rate after initial deal period The overall cost for comparison is Early repayment charge
First Buy Fixed rate until 31/05/2014 (80% LTV only) 4.00% variable for the rest of the term 4.30% APR variable 3% of amount repaid if you repay prior to 31/05/2014
Initial rate
5.00% fixed
until 31/05/2014
LTV: 80%

Only 80% LTV available. An early repayment charge is payable if the mortgage is paid, in part or full, before 31 May 2014. A valuation fee is paid by Ulster Bank Limited. An arrangement fee of £0 is payable on this mortgage.

Only available for new customers purchasing a property through the First Buy Co-Ownership scheme.

Example: for a capital and interest 2 Year Fixed mortgage, where LTV is 80%, for £100,000 over 25 years. Monthly payments during the fixed rate period - £584.59. Monthly payments at current standard variable mortgage rate - £531.29. Total amount repayable - £160,666.20.

The ratio of loan required to property value or purchase price, whichever is lower is known as Loan to Value (LTV). Maximum mortgage available is 80% of LTV. Ask for a personalised Key Facts Illustration from any Ulster Bank branch.

        

(Ref: fix8904)

Mortgage type Ongoing rate after initial deal period The overall cost for comparison is Early repayment charge
Co-Ownership Fixed rate until 31/05/2017 4.00% variable for the rest of the term 4.80% APR variable 3% of amount repaid if you repay prior to 31/05/2017
Initial rate
5.75% fixed
until 31/05/2017
LTV: 85%

LTVs available are in steps of 5% up to 85%.

An early repayment charge is payable if the mortgage is paid, in part or full, before 31 May 2017. A valuation fee is paid by Ulster Bank Limited. An arrangement fee of £0 is payable on this mortgage.

Only available for new customers purchasing a property through the Co-Ownership scheme.

Example: for a capital and interest 5 Year Fixed mortgage, where LTV is 85% or less for £100,000 over 25 years. Monthly payments during the fixed rate period - £629.11. Monthly payments at current standard variable mortgage rate - £542.99. Total amount repayable - £168,064.20.

The ratio of loan required to property value or purchase price, whichever is lower is known as Loan to Value (LTV). Maximum mortgage available is 85% of LTV. Ask for a personalised Key Facts Illustration from any Ulster Bank branch.

        

(Ref: fix6044)

Mortgage type Ongoing rate after initial deal period The overall cost for comparison is Early repayment charge
First Buy Fixed rate until 31/05/2017 (80% LTV only) 4.00% variable for the rest of the term 4.80% APR variable 3% of amount repaid if you repay prior to 31/05/2017
Initial rate
5.75% fixed
until 31/05/2017
LTV: 80%

Only 80% LTV available.

An early repayment charge is payable if the mortgage is paid, in part or full, before 31 May 2017. A valuation fee is paid by Ulster Bank Limited. An arrangement fee of £0 is payable on this mortgage.

Only available for new customers purchasing a property through the First Buy Co-Ownership scheme.

Example: for a capital and interest 5 Year Fixed mortgage, where LTV is 80% for £100,000 over 25 years. Monthly payments during the fixed rate period - £629.11. Monthly payments at current standard variable mortgage rate - £542.99. Total amount repayable - £168,064.20.

The ratio of loan required to property value or purchase price, whichever is lower is known as Loan to Value (LTV). Maximum mortgage available is 80% of LTV. Ask for a personalised Key Facts Illustration from any Ulster Bank branch.

        

(Ref: fix8924)


YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE