€1,000 payout for Ulster mortgage holders!

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October 31, 2012

€1,000 payout for Ulster mortgage holders!

ULSTER Bank mortgage holders who bought at the height of the boom are in line for payments of up to €1,000 each off their mortgages after the lender messed up.

This is because they qualify for extra tax relief granted in the last Budget to such buyers.

The payments will have to be backdated because the bank has been unable to process the full amount of the new higher reliefs almost a year after the Government announced the measure.

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