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) |