Ulster Bank Buy to Let Mortgages

Ulster Bank is one of the largest banking groups in Ireland, with over 175 years of experience providing customers with affordable financial solutions. The company employs over 6000 employees in 236 different branches and is part of the wider Royal Bank of Scotland Group. 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

For information and quotes on buy to let mortgages use our partner specialist service - see link above:

For a selection of leading buy to let mortgage deals see below:

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.

Repayment Options
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.

Conditions
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.

Customers should be aware that they will be subject to an early repayment charge if the mortgage is paid either fully, or in part, before the 30 September 2013. There will also be an arrangement fee of £999 for this mortgage.