Lending criteria terms and conditions. Security and insurance are required. Credit facilities are subject to repayment capacity and financial status and are not available to persons under 18 years of age. Mortgaged property must be in the Republic of Ireland. Applicant must be resident in the Republic of Ireland. The loan amount is not based on one fixed formula. Factors reflecting the repayment capacity of each applicant are individually assessed based on a combination of factors including qualifying income, net disposable income and existing commitments. Written quotations are available on request from any Ulster Bank Branch.

Ulster Bank subscribes to the European voluntary code of conduct on pre-contractual information for home loans. A copy of this code is available from Ulster Bank mortgages.

Ulster Bank subscribes to the IBF Code of Practice on Mortgage Arrears. A copy of this code is available from Ulster Bank mortgages.

Minimum mortgage amount is €50,000 and maximum mortgage available is up to 90% of purchase price/ value of the property (whichever is lower) for First Time Buyers & up to 80% of purchase price/ value of the property (whichever is lower) for trade-uppers. The minimum term of the mortgage is 5 years and the maximum term is 35 years provided age is not over 70 at maturity date.

Mortgage Release Fee is €38.00 and is payable at the time of redemption of the mortgage. The cost of a valuation of a property is approximately €130 and this cost is refundable if the loan application is refused.

Fee for Mortgage Top-ups is €63 and is payable where a further advance is availed of on an existing mortgage.

The cost per month of a typical €100,000, 20 year variable rate mortgage with a typical 3.90% APR is €598.11 excluding insurance. Total amount repayable €143,545.34. Total cost of credit (Total Amount Repayable - Mortgage Amount) €43,545.34. If rates increase by 1% an additional €53.59 would be payable monthly. Total cost of credit with 1% increase is €56,407.43.

Rates correct as at 25/11/09 and are subject to change.

Flexible mortgage repayment options are only available with Flexible Variable Rate Mortgages. Payment holidays are subject to approval and conditions. If you choose the payment-free months option and subsequently revert back to 12 monthly payments, your repayments will be recalculated and reduced accordingly. Written quotations with preferred payment free months available on request from any branch of Ulster Bank.

The cost per month of a typical €100,000, 20 year variable rate mortgage with a typical 3.90% APR is €598.11 excluding insurance. Total amount repayable €143,545.34. Total cost of credit (Total Amount Repayable - Mortgage Amount) €43,545.34. If rates increase by 1% an additional €53.59 would be payable monthly. Total cost of credit with 1% increase is €56,407.43.

The cost per month of a typical €100,000, 20 year variable rate mortgage with a typical 3.90% APR and two payment-free months during each year is €598.11 excluding insurance. If rates increase by 1% an additional €51.74 would be payable monthly.

Rates correct at 25/11/09 and are subject to change.

Flexible Variable Rate with ufirst discount - Available to ufirst current account holders only. A monthly membership fee of €10 applies. This fee is subject to change. If you close your ufirst account, the interest rate on this loan will revert to the Flexible Variable Rate.

If you redeem a fixed rate mortgage prior to the end of the agreed term, an early redemption charge will be applied. The redemption charge will be a sum equal to the lower of (i) six months' interest or (ii) a sum calculated in accordance with the following formula:

(Redeemed Amount x (R - R1) x Time remaining in days until the end of the fixed rate period) divided by 365.

For the purpose of the above formula:

"Redeemed amount" means the estimated average loan balance between the time of the proposed repayment or interest rate conversion and the end of the relevant fixed rate period, assuming that no such repayment or interest rate conversion takes place and that all monthly payments have been made by the borrower under the terms specified in the loan offer.  Where a lump sum repayment is made, "redeemed amount" shall mean the amount of the lump sum repayment.

"R" means the interest rate available to the lender for funds placed in the money market on the start date of the relevant fixed rate period for the duration of that period.

"R1" means the interest rate available to the lender for funds placed in the money market on the date of the proposed early repayment, lump sum repayment or interest rate conversion for the remainder of the relevant fixed rate period. The rate applied will be either a 1 month, 1 year, 2 year, 3 year or 5 year rate, whichever is closest to the remaining fixed rate term of the mortgage.

When your fixed rate mortgage expires you can revert to the Standard Variable rate or any other mortgage product that you may be offered at this time. Minimum mortgage amount is €50,000 and maximum mortgage available is up to 90% of purchase price/ value of the property (whichever is lower) for First Time Buyers & up to 80% of purchase price/ value of the property (whichever is lower) for trade-uppers The minimum term of the mortgage is 5 years and the maximum term is 40 years provided age is not over 70 at maturity date.

Fee for converting from an existing variable rate or tracker rate mortgage to a fixed rate mortgage is €125.

Lending criteria terms and conditions. Security and insurance are required. Credit facilities are subject to repayment capacity and financial status and are not available to persons under 18 years of age. Mortgaged property must be in the Republic of Ireland. Applicant must be resident in the Republic of Ireland. The loan amount is not based on one fixed formula. Factors reflecting the repayment capacity of each applicant are individually assessed based on a combination of factors including qualifying income, net disposable income and existing commitments.

If you have already bought an affordable house under a local authority affordable housing scheme, you are not eligible to switch your mortgage from a previous lender (including Local Authorities) to an Ulster Bank Home Run mortgage. Further mortgage advances, equity release or top-ups are not currently available on the Ulster Bank Home Run mortgage. An Ulster Bank Home Run mortgage is not available if you are building your own home on an affordable housing site allocated by your local authority. Minimum mortgage amount advanced is €50,000. Minimum mortgage term is 5 years and maximum term is 40 years provided age is not over 70 at maturity date. The maximum mortgage is normally 90% of the property value. An approval in principle is not an offer of a loan.