Brendan Burgess
Founder
- Messages
- 52,181
Summary
Tracker customers - The existing tracker is safe. Whoever buys it would have to respect the existing terms and conditions.
Fixed rate customers - it's unlikely that your mortgage will be sold before UB is closed down. So no real implications for you.
Thinking of taking out a mortgage or switching to Ulster - No real implications. The fixed rate deals are still very good value. Whoever buys your mortgage will want to retain the business. If they push up the rates, you will have to switch.
In mortgage arrears - Most of these have already been sold to vulture funds.
Tracker customers - The existing tracker is safe. Whoever buys it would have to respect the existing terms and conditions.
Fixed rate customers - it's unlikely that your mortgage will be sold before UB is closed down. So no real implications for you.
Thinking of taking out a mortgage or switching to Ulster - No real implications. The fixed rate deals are still very good value. Whoever buys your mortgage will want to retain the business. If they push up the rates, you will have to switch.
In mortgage arrears - Most of these have already been sold to vulture funds.
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