UPS - Ulster Property Sales

It's very useful to talk to an adviser about mortgages. With fewer mortgages available in the market today and with stricter lending criteria than in recent years it's more important than ever to get advice on what's the best deal available for you.

Our advisers have access to a wide range of lenders, special offers, mortgage and remortgage products, so they can discuss the best options for your individual circumstances.

Our advisers will explain in plain English the benefits and differences of the various types of mortgage products available, fixed, discounted, tracker, variable, offset and capped/collared. So whether you are a first time buyer, home mover, looking to remortgage or a further advance, our adviser will help you understand the choices and options available to you.

We do not charge a fee for our service as we receive payment from the lender. We offer the option for you to pay us a fee of up to 1.5% of the loan amount and receive the lender's payment yourself.

Your home may be repossessed if you do not keep up repayments on your mortgage.

• Fixed
• Fixed Rate Mortgages can cost slightly more than a variable rate mortgage, but Fixed Rates have the added advantage that they offer security against interest rate fluctuations. They offer clients the ability to budget more effectively. An early repayment charge may be payable if you redeem your mortgage in the fixed rate period.
• Variable
• These are often the least expensive mortgage products. Many offer an initial Discount from the relative banks Standard Rate of interest. Another common type are Tracker Rate mortgages. In these the rate of interest charged is linked to the Bank of England Base Rate (BBR). With both of these products, Discount and Tracker, the monthly repayments can rise or fall when interest rates rise of fall.
• Shared Ownership
• Designed to assist a first time buyer to purchase a property. Operated through the Northern Ireland Co-Ownership Housing Association. Full details as to the suitability of the scheme are available from the local UPS Financial Services advisor.
• Buy to let
• Buying property as an investment has increased in popularity in recent years. There are a number of specialist products available with a number of important differences between these and residential mortgages. Our Advisors can take you through those differences and make a suitable recommendation.

Approval Number HO120274