Discounted variable rate mortgages - Rates

Rates correct as at 6th January 2012 and are subject to change
Mortgage typeOngoing rate after initial deal periodThe overall cost for comparison isEarly repayment charge
Discounted Variable rate (discount on our standard variable rate)4.00% variable for the rest of the term3.90% APR variable3% of amount repaid if you repay prior to 31/03/2014
Initial rate
2.60% variable
until 31/03/2014
LTV: 60%
Available exclusively to ufirstgold / ufirst Private current account holders

An early repayment charge is payable if the mortgage is paid, in part or full, before 31 March 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 £595 is payable on this mortgage.

Available to First Time Buyers, Home Movers and Re-mortgage customers.

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 rate period - £453.67. Monthly payments at current standard variable mortgage rate - £522.40. Total amount repayable - £155,665.48.

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.

Only available for ufirstgold and ufirst Private current account customers.

ufirstgold has a monthly membership fee of £13. ufirst Private has a monthly membership fee of £25.

        

(Ref: var7104)

Mortgage typeOngoing rate after initial deal periodThe overall cost for comparison isEarly repayment charge
Discounted Variable rate (discount on our standard variable rate)4.00% variable for the rest of the term3.90% APR variable3% of amount repaid if you repay prior to 31/03/2014
Initial rate
2.70% variable
until 31/03/2014
LTV: 60%

An early repayment charge is payable if the mortgage is paid, in part or full, before 31 March 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 £595 is payable on this mortgage.

Available to First Time Buyers, Home Movers and Re-mortgage customers.

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 rate period - £458.76. Monthly payments at current standard variable mortgage rate - £522.81. Total amount repayable - £155,900.80.

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 up to 60% of LTV. Ask for a personalised Key Facts Illustration from any Ulster Bank branch.

        

(Ref: var7105)

Mortgage typeOngoing rate after initial deal periodThe overall cost for comparison isEarly repayment charge
Co-Ownership Discount rate (discount on our standard variable rate)4.00% variable for the rest of the term3.90% APR variable3% of amount repaid if you repay prior to 31/03/2014
Initial rate
2.70% variable
until 31/03/2014
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 March 2014. A valuation fee is paid by Ulster Bank Limited. An arrangement fee of £595 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 - £155,900.80.

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 typeOngoing rate after initial deal periodThe overall cost for comparison isEarly repayment charge
Co-Ownership Discount rate (discount on our standard variable rate)4.00% variable for the rest of the term3.90% APR variable3% of amount repaid if you repay prior to 31/03/2014
Initial rate
2.90% variable
until 31/03/2014
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 March 2014. A valuation fee is paid by Ulster Bank Limited. An arrangement fee of £595 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 - £156,370.84.

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 typeOngoing rate after initial deal periodThe overall cost for comparison isEarly repayment charge
Discounted Variable rate (discount on our standard variable rate)4.00% variable for the rest of the term3.90% APR variable3% of amount repaid if you repay prior to 31/03/2014
Initial rate
2.90% variable
until 31/03/2014
LTV: 75%

An early repayment charge is payable if the mortgage is paid, in part or full, before 31 March 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 £595 is payable on this mortgage.

Available to First Time Buyers, Home Movers and Re-mortgage customers.

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 - £156,370.84.

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 up to 75% of LTV. Ask for a personalised Key Facts Illustration from any Ulster Bank branch.

        

(Ref: var6164)

Mortgage typeOngoing rate after initial deal periodThe overall cost for comparison isEarly repayment charge
Discounted Variable Momentum rate (discount on our standard variable rate)4.00% variable for the rest of the term4.00% APR variable3% of amount repaid if you repay prior to 31/03/2017
Initial rate
3.79% variable
until 31/03/2017
LTV: 95%

An early repayment charge is payable if the mortgage is paid, in part or full, before 31 March 2017. A valuation fee is paid by Ulster Bank Limited. An arrangement fee of £295 is payable on this Discounted rate mortgage.

Only available for new customers purchasing a property through the Momentum scheme.

Example: for a capital and interest 5 Year Discount Variable Momentum mortgage, where LTV is 95% or less, for £100,000 over 25 years. Monthly payments during the discounted rate period - £516.31. Monthly payments at current standard variable mortgage rate - £525.86. Total amount repayable - £157,480.00.

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 up to 95% of LTV. Ask for a personalised Key Facts Illustration from any Ulster Bank branch.

5% deposit provided by the developer. You'll only pay your deposit back if the property value grows by 5% or more after five years.

        

(Ref: var4929)


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