Hi all,
I have just started the process of applying for a new mortgage with UB which will allow me to maintain my tracker mortgage.
I spoke to UB about a month ago about there product without any real issue but at a meeting last week I was informed that they will only issue the my mortgage with the same term duration as my existing tracker with them, i.e I have 15 years left on my tracker mortgage so therefore any new mortgage amount charged at the current standard variable rate would have a matching term of 15 years My age is not an issue as I am young enough to get a 20 yr or 25 yr mortgage.
Has anybody else involved with transferring a tracker with Ulster Bank come across the same issue.