Ulster Bank Also Increasing Rates

F

finisklin

Guest
Hi folks,

just wondering if anyone has their mortgage with Ulster Bank.....I am on a standard variable rate of 3.85%. I called them today and was informed that this is going to 4.35% from March 1st. Definitely the PTSB effect!

The thing is I would consider fixing, however they are only quoting rates for 2 years (4.8%) and 3 years (5.1%) respectively. I appreciate that rates are going to increase but how quick will they rise in two years? 1-2%?

I'm cheesed off that they are not offering fixed rates for 5-10 years. No sign of that changing in the immediate future.

Any thoughts appreciated......
 
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