The U First tracker mortgage from the Ulster bank is being snapped up at an amazing rate according to experts.
One of the main reasons for the success of the U First tracker mortgage is said to be the flexibility when it comes to repayments. Consumers have the choice of paying more off in one larger sum and saving significant money on interest in the future.
The U First tracker mortgage also comes with skip months and payment breaks that are massively popular with consumers, as more people struggle with making consistent repayments.
The interest rate on the U first tracker mortgage is dependent on the amount you borrow i.e. loan to value and can be paid back over as long a term as 40 years.