16/02/2012
Housing Market Gets Helping Hand To Start 2012
The local housing market is set to get a kick-start for 2012 with the help of a major campaign by Ulster Bank to stimulate and support demand.
As the post-Christmas period, when housing market activity is generally lower, comes to an end, the bank announces that it is removing arrangement fees across its range of residential mortgage products from today until March 31, 2012.
This follows the success of a similar initiative by the bank during the second half of 2011, which saw an increase in applications of over 25%.
As part of the latest move, Ulster Bank is also reducing rates across its fixed rate products to further motivate local home buyers and re-mortgagers.
The bank is reducing four of its offerings, including a two-year deal for lending up to 75 per cent of the property value which is being cut from 3.35% to 3.19%.
Stephen Cruise, Head of Branch Banking, Private and Financial Planning NI at Ulster Bank said: "Ulster Bank has led the way in making innovative mortgage offerings available and customers are responding to the simple pricing structure, competitive pricing and good service we provide. We would be delighted to see increased demand for mortgages in 2012."
Derek Wilson, Head of Lending Products at Ulster Bank commented: "The success of our initiative in 2011 has shown that there is demand in the market that can be stimulated with innovative initiatives that make life easier for borrowers and deliver significant value. We are confident that we can again encourage and support a significant number of people to enter the housing market, move home, or remortgage to a better deal."
The bank has trained mortgage advisors in every branch to give customers an indication of how much they are eligible to borrow.
Ulster Bank’s reduced rates are launched today and are available through the Bank’s branch and intermediary network across Northern Ireland.
(GK)
As the post-Christmas period, when housing market activity is generally lower, comes to an end, the bank announces that it is removing arrangement fees across its range of residential mortgage products from today until March 31, 2012.
This follows the success of a similar initiative by the bank during the second half of 2011, which saw an increase in applications of over 25%.
As part of the latest move, Ulster Bank is also reducing rates across its fixed rate products to further motivate local home buyers and re-mortgagers.
The bank is reducing four of its offerings, including a two-year deal for lending up to 75 per cent of the property value which is being cut from 3.35% to 3.19%.
Stephen Cruise, Head of Branch Banking, Private and Financial Planning NI at Ulster Bank said: "Ulster Bank has led the way in making innovative mortgage offerings available and customers are responding to the simple pricing structure, competitive pricing and good service we provide. We would be delighted to see increased demand for mortgages in 2012."
Derek Wilson, Head of Lending Products at Ulster Bank commented: "The success of our initiative in 2011 has shown that there is demand in the market that can be stimulated with innovative initiatives that make life easier for borrowers and deliver significant value. We are confident that we can again encourage and support a significant number of people to enter the housing market, move home, or remortgage to a better deal."
The bank has trained mortgage advisors in every branch to give customers an indication of how much they are eligible to borrow.
Ulster Bank’s reduced rates are launched today and are available through the Bank’s branch and intermediary network across Northern Ireland.
(GK)
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25 June 2013
New NI Bank Notes In Circulation
New bank notes have been released into circulation in Northern Ireland. The £10 and £20 notes are being issued from Danske Bank and will gradually replace the existing Northern Bank notes. The design of the notes remains the same, the only difference is the Danske Bank logo has replaced the Northern Bank logo.
New NI Bank Notes In Circulation
New bank notes have been released into circulation in Northern Ireland. The £10 and £20 notes are being issued from Danske Bank and will gradually replace the existing Northern Bank notes. The design of the notes remains the same, the only difference is the Danske Bank logo has replaced the Northern Bank logo.
10 May 2012
Northern Bank To Be Rebranded
Danske Bank has announced a new organisational set-up for its operations in Northern Ireland and Ireland. The new structure will take effect on 1 June 2012. The re-organisation mirrors a similar Group wide set-up being introduced in all Danske Bank operations.
Northern Bank To Be Rebranded
Danske Bank has announced a new organisational set-up for its operations in Northern Ireland and Ireland. The new structure will take effect on 1 June 2012. The re-organisation mirrors a similar Group wide set-up being introduced in all Danske Bank operations.
03 January 2007
Bank robbery charges dropped
The County Down man accused of the £26 million Northern Bank robbery in 2004, has had the charges against him dropped. Dominic McEvoy, 23, a builder from Mullandra Park in Kilcoo, was not present in Belfast Magistrates Court during the hearing.
Bank robbery charges dropped
The County Down man accused of the £26 million Northern Bank robbery in 2004, has had the charges against him dropped. Dominic McEvoy, 23, a builder from Mullandra Park in Kilcoo, was not present in Belfast Magistrates Court during the hearing.
07 January 2005
Consequences ‘dire and grim’ says Robinson
The consequences for Sinn Féin will be “dire and grim” if Chief Constable Hugh Orde confirms IRA involvement in the £22 million Northern Bank robbery last month, said DUP deputy leader Peter Robinson.
Consequences ‘dire and grim’ says Robinson
The consequences for Sinn Féin will be “dire and grim” if Chief Constable Hugh Orde confirms IRA involvement in the £22 million Northern Bank robbery last month, said DUP deputy leader Peter Robinson.
11 August 2008
Irish Building Market Contraction Continues, Says Ulster Bank
Irish building activity felt another sharp decline last month, which led to record job losses, according to statistics published today. Figures provided by the Ulster Bank PMI showed a fourteenth consecutive fall in the market, with a 31.4 reading recorded for July. There has been little fluctuation since June's 29.
Irish Building Market Contraction Continues, Says Ulster Bank
Irish building activity felt another sharp decline last month, which led to record job losses, according to statistics published today. Figures provided by the Ulster Bank PMI showed a fourteenth consecutive fall in the market, with a 31.4 reading recorded for July. There has been little fluctuation since June's 29.
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Northern Ireland WeatherToday:A sunny but frosty start for many. However cloud increases by midday with a few showers reaching the north coast, these mostly light but spreading inland this afternoon. Chilly. Maximum temperature 8 °C.Tonight:A rather cloudy evening with scattered showers. Becoming drier through the night with some good clear spells developing and a patchy frost away from coasts. Minimum temperature 0 °C.