Banking
Permanent TSB completes acquisition of Ulster Bank’s non-tracker mortgages
The mortgage accounts acquired are currently made up of loans with a value of around €915 million
Permanent TSB (PTSB) has completed the acquisition of the performing non-tracker residential mortgage portfolio of Ulster Bank following the transfer of approximately 8,000 mortgage loan accounts to the bank.
The mortgage accounts acquired are currently made up of loans with a value of around €915 million connected to approximately 11,000 customers, and increases PTSB’s mortgage book by about 4 per cent.
PTSB has said it will write to the customers connected to the 8,000 acquired ...
