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Rates

Invest in a property to rent out.

Rates correct as at 1st May 2013 and are subject to change.
Mortgage typeOngoing rate after initial deal periodThe overall cost for comparison isEarly repayment charge
Investment Fixed rate until 30/06/20154.00% variable for the rest of the term4.60% APR variable3% of amount repaid if you repay prior to 30/06/2015
Initial rate
6.19% fixed
until 30/06/2015
LTV: 70%

An early repayment charge is payable if the mortgage is paid, in part or full, before 30 June 2015. The cost of a valuation of a property is approximately £190 which is payable by you. An arrangement fee of £999 is payable on this Investment Fixed rate mortgage.

Example: for a capital and interest Investment 2 Year Fixed mortgage, where LTV is 70% or less, for £100,000 over 25 years. Monthly payments during the fixed rate period - £655.97. Monthly payments at current standard variable mortgage rate - £534.94. Total amount repayable - £164,385.72.

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 70% of LTV. Ask for a personalised Key Facts Illustration from any Ulster Bank branch.

        

(Ref: fix6084)



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