Ulster Bank has announced a new range of fixed mortgage rates for new and existing customers.
The bank will apply a rate of 4.25% for three years on a loan worth 90% of the property’s value. That rate falls to 3.99% when the loan is worth 80% of the property’s value.
Ulster Bank’s five year fixed rate is set at 4.35% for a mortgage with a loan to value of 90%, or 4.1% where that ratio is below 80%.
For a mortgage fixed for seven years, customers will be charged a rate of 4.45% for a 90% LTV, or 4.2% for an 80% LTV.
When the fixed term is over, Ulster Bank says its customers would revert to their standard variable rate, which currently stands at 4.5%.
