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Ulster Bank cuts home loan rates in bid to lure new buyers

Ulster Bank has reduced some of its mortgage rates and made it easier to get one of its low-interest home loans.

The lender has also introduced new rates for those seeking exemptions from Central Bank lending rules. The bank is seeking to sign up first-time buyers and switcher customers.

It comes as ICS Mortgages launched into the residential market this week, with some of the lowest rates. The move by Ulster Bank also comes hot on the heels of rate reductions by KBC last month, while Permanent TSB recently launched a new seven-year fixed rate and last month.

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