Ulster Bank extends 100% mortgage to first time buyers scheme

Ulster Bank has today announced an extension of its 100% loan-to-value mortgage for professionals to all qualifying first time buyers.

Ulster Bank’s 100% First Time Buyer mortgage is available from Monday through their network of 113 branches and from participating brokers.

Edel O’Leary, Head of Marketing and Communications at Ulster Bank, said: "To satisfy broader market demand, Ulster Bank is extending 100% loan-to-value mortgages to all First Time Buyers who can demonstrate their ability to service these loans."

The news comes as Permanent tsb has announced a similar scheme. First Active announced 100% mortgages to first-time-buyers last week.