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Your Mortgage Journey

Start your journey home with us today

Wherever you are on your home buying journey, we want you to know that we’re here to support you every step of the way. Whether you’re just getting started saving for your deposit or have found your dream house and need mortgage approval, our dedicated mortgage team are here to help you though every stage of your home buying journey.

Help figuring out your budget

Before you start the process of searching for your first home, it’s a good idea to figure out what your home buying budget will be. Our handy Mortgage Calculator tool can help you figure out how much you could borrow and what your monthly repayments would be and give you a good steer. Book an appointment to talk to one of our mortgage consultants and they’ll explain the mortgage journey and what you need to know at each of the different stages.

  • Understand what you can borrow and your repayments.
  • We explain the full process and prepare your application.
  • Understand the role of your solicitor and what they need to do.

Helping you with your mortgage application

We’re here to support you at every stage of your home buying journey from understanding the process and what you need to do at every stage, to helping you with the paperwork. When you’re ready to apply for your mortgage, come and talk to us and our Mortgage Team can help you with the application. Just book a Mortgage Appointment and we can work with you to help you complete the application form and gather the Supporting Documents;

  • Signed and stamped salary certificate.
  • Your Employment Detail Summary (P60) and 2 of your last 3 payslips.
  • 6 months up to date personal current account statements.

Once you’ve completed your application and it’s been submitted to our Credit Team for review, we’ll work hard in the background to give you Mortgage Credit Approval within 72 hours so that you are one step closer to making that dream home a reality.

Purchasing your home

Once you’ve figured out your home buying budget, you can start the search for your dream home. When you’ve found the perfect house for you, you can let us know when you’re Sale Agreed and we will work with you to get your new home valued by a Property Valuer. This valuation is for your own financial protection and is required for your mortgage application to ensure the house is worth what you are paying for it.

At this stage you’ll also need to find yourself a solicitor, you could ask a friend or family member to recommend someone they’ve used before and trust. We will issue your solicitor with all the loan information you need to complete the purchase. You will also need to arrange Life Insurance and Home Insurance, again we can help you with this or you can obtain a policy from another provider if you prefer. Once all the contracts are signed, your solicitor will agree a completion date with the house seller and arrange the transfer of funds and collection of the keys to your new home.

  • Get your new home valued.
  • Sign documents with your solicitor.
  • Arrange Life Insurance and Home insurance.
  • All relevant documents will be sent off to your solicitor for final sign off.
  • Solicitor arranges with Estate Agent to draw down funds.
  • Receive your keys and move in to your home!

Wherever you are in your home buying journey, we’re here to support you along the way so book an appointment to start your journey home with us today.

72 hours starts once your application is completed and submitted for credit assessment during business hours. Excludes weekends. If any documentation is missing or additional information is required to reach a credit decision, we will notify you which may impact the decision time.

Lending criteria, terms & conditions will apply. Mortgage approval is subject to assessment of suitability and affordability. Applicants must be aged 18 or over. credit agreement will be secured by a mortgage or by a right related to residential immovable property. Rates available to new and existing home mortgage customers only, product eligibility criteria applies. Maximum loan to value is 90%. Security and Insurance is required. Calculator results do not constitute an offer of a mortgage loan, nor is it legally binding and is for illustrative purposes only.

For First Time and Second Time Buyers a maximum Loan to Value (LTV) of 90% will apply to a property’s purchase price. The maximum LTV for customers who hold their current mortgage with another bank but wish to switch their mortgage to PTSB while also releasing equity is 85%. Maximum loan amount will typically not exceed 4 times an individual’s gross income for First time Buyers & 3.5 times an individual’s gross income for Second time Buyers.

The monthly repayment on a 20 year mortgage with Loan to Value (LTV) greater than 80% with variable borrowing rate of 4.70% on a mortgage of €100,000 is €643.50 for 240 months. Total amount repayable is €154,799.06. If interest rates increases by 1% an additional €55.73 would be payable per month. For this example, Annual Percentage Rate of Charge (APRC) of 4.84% applies and consists of variable borrowing rate of 4.70%, valuation fee of €150, Property Registration Authority (PRA) fee of €175, and security vacate fee of €35. Please note – this APRC does not factor in the €8 monthly fee for maintaining the Explore Account.

Information correct as of 29/01/2024 but is subject to change.

Warning: If you do not meet the repayments on your loan, your account will go into arrears. This may affect your credit rating, which may limit your ability to access credit, a hire-purchase agreement, a consumer-hire agreement or a BNPL agreement in the future.

Warning: If you do not keep up your repayments you may lose your home.

Warning: You may have to pay charges if you pay off a fixed-rate loan early.

Warning: The cost of your monthly repayments may increase.


Ulster Bank Mortgage Customers

Here you will find details on the transfer of your Fixed or Variable Rate Mortgage, including helpful contacts, action needed and FAQs.

First Time Buyers FAQs

Have some questions regarding your mortgage as a first time buyer? We've got the answers.

Start your journey home

Wherever you are on your home buying journey, we’re here to support you along the way.

Mortgage jargon buster

Check out our handy mortgage jargon buster to help you understand all those unfamiliar mortgage terms.

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