We will help you every step of the way.

If you’re thinking of moving your home mortgage from your current provider, we’d be delighted to talk to you!

 

We understand the idea of moving mortgage provider may seem a little daunting (the paper work, the time it might take to sort it all out…) but we have a dedicated Switching team to help you through it.

Features and benefits

 

Why choose First Trust Bank when moving your mortgage?

        

  • Up to £1000 Cashback**
  • No application fee
  • No booking fee
  • Free legal fees using a bank nominated solicitor*
  • Free Valuation fee using a bank nominated valuer
  • Mortgages of up to 95% Loan to Value (based on a property price up to £250,000)
  • Repayment terms up to 35 years
  • Staircasing for Co-ownership buy-out
  • Loan offer valid for 6 months
 

 

How it works

 

  • You will need to be over 18 to obtain a mortgage. Your home is security for your mortgage. Other security may be required
  • What you can borrow will depend on what you can comfortably afford to repay monthly, this may vary depending on individual circumstances
  • If you take a mortgage with a fixed rate of at least one year and decide to repay whole, or part early, if you convert to a variable interest rate, or, if you change to another fixed interest rate you may incur an early repayment charge
  • You will require home insurance
  • Keep in mind, you will also need money for Stamp Duty Land Tax and maybe a surveyor

Mortgage Repayment Calculator

Our mortgage repayment calculator is a helpful tool which will tell you what a mortgage payment is likely to be based on your selected mortgage amount, term and interest rate. This calculator is for illustrative purposes only and is not a mortgage offer. The payments are calculated on a monthly basis and based on a capital and interest repayment mortgage. Interest rates are subject to change.

 

To view our mortgage rates, click here.

Mortgage Repayment Calculator

Enter a mortgage amount, term and interest rate.

 

Estimated monthly repayment: £

469

This is an illustration and not a commitment to lend. Mortgages are subject to an appraisal of the applicant's financial standing. Lending criteria, terms and conditions apply.

 

If you want to find out more information on our mortgages or want to apply, call us on 028 9082 1655 or request a callback.

 

     Reset     

 

Show Result

 

 

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

 

Representative example

 

  • Loan value: £172,738
  • Loan term: 20 years
  • Loan Type: Fixed rate for 5 years, reverting to standard variable rate for the remaining term
  • Initial monthly repayments: £926.01, followed by a repayment of £1,028.21 for the remaining term
  • Fixed rate: 2.53% for 5 years
  • Standard variable rate: currently 3.99%
  • APRC (annual percentage rate of charge): 3.5%
  • Number of monthly instalments: 240
  • The following fees are included in the calculation for this example:
    • Funds transfer fee, £30;
    • Mortgage exit fee, £55;

If the rates do not vary during the term of the mortgage, the total cost of credit (the total amount repayable less the amount of the mortgage) would be £67,985.40. This means that the borrower would have to pay a total amount of £240,723.40. Home insurance is required.

Talk to us

Call us on 028 9082 1655 or drop in to any First Trust Bank branch and speak with a mortgage adviser today. They’ll explain exactly what’s involved, and answer any of your questions.

 

Alternatively, fill in our Mortgage Callback Request form and one of our mortgage advisers will call you to explain your options.

Help and guidance

 

Our mortgage rates

Have a look at our mortgages rates

 

Frequently asked questions

Whatever your mortgage question, you can bank on us

 

Tariff of Mortgage Charges

Your mortgage fees and charges explained

 

Switching your mortgage?

Download our 'Switching your mortgage?' flyer

Important information

First Trust Bank reserves the right to withdraw or amend products at any time. Loans are granted subject to an appraisal of the applicant's financial standing. Applicants must be 18yrs or over. Minimum mortgage amount £25,000. Lending criteria, terms and conditions apply. An independent valuation will be required. Your mortgage will be secured against the mortgaged property. Primary residence only.

 

*The Bank will appoint a solicitor to act on its behalf only for the remortgage and will pay the standard solicitor fees, VAT and the cost of standard disbursements directly relating to the remortgage.
Depending on your circumstances other legal fees may apply which you will have to pay for, for example first registration of land or change of names on the mortgage (please note this is not exhaustive).
If you seek additional independent legal advice as part of your remortgage you must arrange to pay for those services yourself.

 

**Applies to new lending only - cashback is payable within one month of draw down, subject to the loan not being redeemed during that time. Cashback applies as follows: 5 Year Fixed Rate mortgage - £1,000; other new business products (e.g. short term fixed rates and discount variable products) - £500. Some exclusions apply: Further Advances, and loans less than £25,000.

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