×

Ulster Bank offers new mortgage customers €1,500 Legal Fee Contribution

This article is quite old, you might prefer our latest Mortgages pieces

Ulster Bank has today shown that it is firmly back in the mortgage lending business with a substantial new mortgage offer.

Ulster Bank has announced that it will offer a €1,500 Legal Fee Contribution to any customer taking a new residential mortgage. Customers eligible for the offer are first time buyers, home movers and mortgage switchers.

To take advantage of the €1,500 legal fee contribution offer, mortgages must be issued in the three months between 13 March and 13 June.

Successful applicants will receive a €1,500 payment to their current account after mortgage drawdown. The €1,500 legal fee contribution offer is available across the Ulster Bank residential mortgage product range.

Offers

The minimum mortgage amount for the legal fee contribution offer is €40,000 with a maximum loan to value (LTV) of 90%.

New Central Bank rules say that first time buyers can borrow up to 90% of a property’s value on the first €220,000. Anything above that is and 80% LTV is available. Up to 80% LTV is available for Home Mover and Switcher mortgages.

Permanent TSB launched a similar offer in January when it made €1,000 available to new mortgage customers to help offset the legal fees associated with buying a new home.

Bank of Ireland is also offering 1% of the value of a mortgage to first time buyers to cover the cost of stamp duty.

Two weeks ago, Ulster Bank reported its first profit since 2008. The bank also said that mortgage lending was up more than 40% for 2013.


Untitled-1

Quick and Easy

We’re Ireland’s leading price comparison and switching site. We’re free to use and make comparing prices across suppliers quick and easy!

Untitled-1

Save Time and Money

We save you time by bringing you all the best deals in one place. Every year we help tens of thousands of customers to switch and save money!

shield

You Can Trust Us

We’re 100% impartial and are also accredited by the Commission for Regulation of Utilities (CRU) as an impartial, accurate and independent supplier of energy price comparisons.

By using this website, you agree to be bound by our Terms of Use and consent to the use of cookies in accordance with our Cookie Policy.