To find out if you have been sold PPI, check your mortgage agreement. It is likely that you have sold it if the document contains one of the following conditions: In order to help us clearly understand your financial situation and advance your application, we will ask you for additional supporting documents, including your payroll and bank statements. If you are an employee, these may contain your payslips or up to three months of bank statements, depending on the type of mortgage you have chosen. If you are independent, we can request up to two years of accounts. Note: If an application is made within 3 months of the date of authorization, no payroll or statement of account is required as soon as they were in order when the PIA was issued. You can call Ulster Bank on 0800 046 6486, Monday to Friday from 8.30am to 8pm (except public holidays). You can find alternative methods of contact on their website. The interruption of payment is also referred to as a temporary payment period, a payment period or a moratorium. This is an agreement with your lender that allows you to temporarily stop your monthly mortgage or credit repayments. If you have a COVID-19 payment interruption coming to an end, you should contact your lender to see what your options are. Lenders should take care of your case taking into account your individual circumstances. You should talk to your lender as soon as possible – see “What support can I get from my bank?” below. In March 2020, the five retail banks (AIB, Bank of Ireland, KBC, Permanent tsb and Ulster Bank) and their representative, the Banking -Payments Federation Ireland (BPFI), announced a series of measures to help individuals and businesses affected by the COVID-19 pandemic.
The measures include non-bank mortgage lenders and credit services companies and were extended on April 30, 2020 to a payment interruption of up to six months. The 5 retail banks (AIB, Bank of Ireland, KBC, Permanent tsb and Ulster Bank) all have a free special helpline that will help you when you co-centre. The BPFI guide to cocooning during COVID-19 (pdf) gives you tips on how to manage your daily banking safely at home. It includes Yes, Ulster Bank has online banking and a mobile anytime banking app. You can also download, sign and view all your documents online if you apply for a mortgage. Founded in Belfast in 1836, Ulster Bank expanded into the rest of Ireland in 1860 and was the first bank to introduce an ATM in 1968. (1) Ulster Bank currently allows its variable rate mortgage customers to switch to a fixed-rate mortgage at any time, without prepayment fees.