Variable Rate Mortgage - Overview
- A range of variable rates available.
- Choose an Ulster Bank variable rate mortgage and take advantage of any interest rate reductions that may occur over the term of your mortgage.
- You should also note that your monthly repayments may increase if rates rise.
- You also have the added benefit of access to a range of flexible features, including skipped payments, lump sum payments and overpayments.
- Ufirstgold, ufirst and ufirst Private customers can avail of a Variable Mortgage with a reduced rate for the lifetime of the mortgage. Available to ufirstgold, ufirst, and ufirst Private current account holders only. Maximum LTV on this product is 75%.
- Mortgaged property must be in the Republic of Ireland. Applicant must be resident in the Republic of Ireland and over 18.
- A monthly membership fee of €14 applies for ufirstgold. A monthly membership fee of €10 applies for ufirst. These fees are subject to change.
- The fee for ufirst Private is €14 per month. Customers will also pay a €36 per month fee for the Private Relationship service provided to customers of Ulster Bank Private charged via their ufirst Private Current Account.
- By taking out a ufirst, ufirstgold or ufirstprivate current account just to avail of the mortgage discount may cost you more in the long run. You may wish to take independent advice before availing of a ufirst, Ufirstgold or Ufirst Private mortgage.
WARNING: YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP PAYMENTS ON A MORTGAGE OR ANY OTHER LOAN SECURED ON IT.
VARIABLE RATE LOANS: THE PAYMENT RATES ON THIS HOUSING LOAN MAY BE ADJUSTED BY THE LENDER FROM TIME TO TIME.
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.
