Ulster Bank says Yes to 8 out of 10 first time buyers


Ulster Bank says Yes to 8 out of 10 first time buyers

Ulster Bank is making €850 million in lending available to first and next-time home buyers after approving eight out of 10 first time buyer mortgage applications in the last half of 2013.

Supporting individuals

04 February 2014

Saying Yes to mortgage finance

€850 million of new personal lending

The bank says there has been a strong increase in demand for mortgage finance and adds that it will increase the finance available if necessary.

Jim Ryan, Head of Branch Banking at Ulster Bank said: “We understand how important this YES can be - buying a home is for many the biggest financial commitment that they make and we are working hard to help the full spectrum of mortgage customers achieve their YES, from first time buyers and movers to those trading up or coming to the end of the mortgage term.

“We are approving eight out of 10 first time buyer mortgage applications and working with the balance to help them understand how to reach their goals.”

Ulster Bank is actively encouraging customers to speak with the Bank about their mortgage options and has pledged to help customers find the mortgage which is right for them. To make it easier for customers to understand their options, Ulster Bank also has a series of online tools which borrowers can use to determine their possible mortgage costs and see what kind of mortgage might suit their budget and needs before talking to Ulster Bank’s team.

Customers considering a mortgage should call into their local Ulster Bank branch or make an appointment with one of the Bank’s 300 trained mortgage specialists.

Latest news

Women and millennials help drive £17bn+ franchise sector to record levels

New research from NatWest and the British Franchise Association (bfa) highlights changes and profitability in the sector.

Winners announced for Skills & Opportunities Fund

52 winning organisations have been announced for round two of the 2018 Skills & Opportunities Fund.

RBS Multicultural Network meets Eric Holder, 82nd US Attorney General

Simon McNamara, RBS Chief Administrative Officer and Executive Sponsor of the RBS Multicultural Network, recently hosted an event in discussion with Eric Holder, the first black US Attorney General. They discussed career, ethnicity, diversity and even a little bit of politics. At the event, Eric Holder shared his wisdom and experience with attendees from the RBS Executive committee and RBS Multicultural Network. Simon McNamara blogs about his experience meeting Eric, a BAME role model, and why diversity is so important to RBS.

Set Tab for lightbox