UB to AIB mortgage switch

[Rusty1]

Does anyone have experience of an Ulster bank Irish tracker mortgage switch to AIB on a property in N.Ireland ?

 

[rameire]

That style of mortgage would be within an extremely small pot.

 

[Rusty1]

Hi, thanks for reply, I believe it to be unusual all right and not something AIB would necessarily want to keep ?

 

[rameire]

It might have been one they would not originally want, but if it was part of the sale and they accepted them then it would be there till the end.
However as it would be registered in a different jurisdiction under UB it could be that AIB have not taken over the registration or have the registration cancelled.

 

[Rusty1]

UB have sent the deeds to the mortgage holder and AIB documents refer it it as an unsecured loan ?

 

[rameire]

It is what it looks like then.
An unsecured loan of a property in N.I. being paid to AIB Ire.
What help is required by the owner?