Following the announcement by Ulster Bank on Friday last, we have updated our customer drawdown declaration.
As well as the existing requirement for your customers to confirm their circumstances have not changed, the revised drawdown declaration will also include their acknowledgement that they understand that Ulster Bank Ireland DAC has commenced a phased withdrawal from the Irish banking market which will be likely to result in the transfer of their product to another provider.
This amended declaration will be required prior to drawdown from the 8th March 2021 and can be downloaded from the Supporting Documents Section on this site. If you have an questions in relation to this communication please contact your Relationship Manager.
We are still very much open for business and will continue to accept new mortgage applications. We will continue to provide you and your customers with the same level of service. We commit to keeping you updated and assure you that we will provide advance notice of any future changes.
Thank you for your continued support.
Head of Broker Operations and Risk