A new mortgage-switching deal from Ulster Bank and One Big Switch is offering potential significant savings for homeowners.
The deal offers switchers and existing Ulster Bank customers a market-leading rate of 3.29 per cent (4 per cent APRC ) fixed for four years for a loan of 60 per cent of the value of the property. For those who need a loan of 60 per cent to 80 per cent of the value of the property, the rate is 3.39 per cent (APRC 4 per cent ); for a loan of 80 to 90 per cent of the value of the property, it is 3.59 per cent (4.1 per cent APRC ).
Ulster Bank also offers a €1,500 legal fee contribution and free property valuation. The offer means thousands of homeowners can avail of potentially lower repayment rates. More than 9,000 households have signed up to the campaign, which is one of the first mortgage collective switching campaigns carried out on a national scale anywhere in the world.
To mark the launch of the new rate, the Athlone branch of Ulster Bank will open for ‘Switching Saturday’ on May 7 from 10am to 4pm and on Thursday, May 12, from 5pm to 7pm.
In addition, the branch will be open on Saturday, May 21, from 10am to 4pm for ‘Self-Build Saturday’ and on Thursday, May 26, from 5pm to 7pm.