About Solar Energy
Go Solar and invest in your home
Many of us would like to be greener. Maybe it's because of the 'encouragement' to reduce our carbon footprint that we all receive on a daily basis. But why then is it still so difficult to do anything significant to make a difference, that doesn't cost the earth?
Well now there is an easy affordable way to go green - with a Solar Mortgage from Ulster Bank.
One technology that has come on leaps and bounds in efficiency and affordability over the last 10 years is photovoltaic (PV) cells - better known as solar panels or tiles. These make electricity from daylight, not heat to produce electricity and can be integrated discreetly into your roof. They'll work whether it's sunny or cloudy.
The sun offers a simple and efficient way to directly contribute to the powering of your home. An average sized installation of solar panels or tiles could reduce your annual energy bill by up to 50% and entitle you to cash back from your electricity supplier - potentially hundreds of pounds a year.
That's why we've teamed up with Solarcentury, Europe's leading supplier of solar technologies, to offer you an affordable way to reduce your energy bills and invest in your home.
How Photovoltaics work
The following short film explains how photovoltaics work:
UP REPAYMENTS ON YOUR MORTGAGE
Making Green Easy
With an Ulster Bank Solar Mortgage you can take direct action on your carbon footprint, while taking direct action on your energy bills too! It lets you combine the installation cost of solar panels or tiles with your mortgage, for some massive savings.
- For three years you pay just 50% of the Standard Variable Rate on the installation cost of your solar panels or tiles, saving you over £800. The overall cost for comparison is 6.1% APR
- Your carbon emissions will be dramatically reduced
- You'll cut up to 50% from your annual energy bills, worth around £180 per year
- You're investing in your home
Your perfect mortgage
From fixed rates to discounted trackers we have a range of fantastic mortgages - and when you take a Solar Mortgage you can choose exactly the right product for you.
What's more, if you bring your mortgage from another provider our switcher service makes the process hassle-free, and financially painless.
- You'll receive a mortgage offer within 24hrs of application*
- An experienced customer adviser will handle the switch
- There are no valuation fees
- We'll refund your legal fees up to £300
*Assumes applicants are employed, LTV is less than or equal to 75%, affordability/income multiple criteria has been met, KYC and Money Laundering checks have been carried out and we are in receipt of all supporting documentation.
