Compare Ulster Bank BTL Mortgages
Ulster Bank provide buy to let mortgage solutions on the following criteria:
- Up to £750k loan advances
- Maximum LTV - 70%
- Lending coverage - Northern Ireland
- Minimum property value - £40k
- Interest calculated - Daily
- Maximum age 70 at end of mortgage
With an Ulster bank buy to let mortgage, the size of the loan will not be calculated based upon the potential rent a property can generate. Ulster Bank claim to take into account customer’s disposable income, so that customers may have more flexibility when deciding on the size of their loan.
With an Ulster Bank buy to let mortgage, the maximum length of a loan period is 25 years as a capital and interest repayment mortgage.
A buy to let mortgage with Ulster bank can cover up to five properties for a maximum of £750,000 pounds, not including a family home.