How will Ulster Bank’s announcement affect us?
Ulster Bank’s recent announcement to unwind its operations has raised a lot of uncertainty for people. They have advised it will be an orderly unwinding over a number of years and issued the press releases below for customers and intermediaries like Murray & Spelman.
If you have any concerns on how this affects you personally as an existing Ulster Bank mortgage holder or as someone in the process of arranging a mortgage, please contact us.
‘Specific Notification regarding your mortgage application
Following an extensive review of Ulster Bank Ireland DAC, a decision has been made for a phased withdrawal of all its banking activity and associated services within the Republic of Ireland over the next number of years.
What do you need to do?
Nothing – there is no immediate impact on your mortgage application and the terms of your application are unaffected by the announcement. We commit to keeping you updated and assure you that we will provide advance notice of any future changes as a result of this decision.
Are we open for new business?
Yes – we will remain open for all new business and we look forward to supporting you with all of your home buying needs.
Need more information?
If you have any questions, visit ulsterbank.ie, or alternatively contact your Broker.
We would like to thank you for your ongoing business with us and assure you that we are committed to serving you and working in the best interests of all our customers.
WARNING: YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP PAYMENTS ON A MORTGAGE OR ANY OTHER LOAN SECURED ON IT.
Warning: THE COST OF YOUR MONTHLY REPAYMENTS MAY INCREASE – IF YOU DO NOT KEEP UP YOUR REPAYMENTS YOU MAY LOSE YOUR HOME.’
Murray & Spelman (Financial Services) Ltd help you plan for your future, while you live for today!
Contact Murray & Spelman
If you would like to learn more or ask specific questions, please contact us below. Contact Murray & Spelman Financial Services Ltd over the phone or by email, to find out more and receive a complimentary consultation.