Lender is in process of withdrawing from market in the Republic
www.irishtimes.com
Under the new terms, interest on Ulster Bank’s two-year fixed rate mortgage will go up by 0.9 per cent, 0.6 per cent on four-year fixed and four-year fixed green mortgages, and 0.4 per cent on seven-year fixed home loans.
The bank will no longer offer what it calls loyalty variable rates to customers who had income mandated to an Ulster Bank current account. The firm will honour rates already offered to existing customers who have either applied for a fixed rate and are awaiting a loan offer or who have not yet completed their product switch, it said.
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