Bank of Ireland for Intermediaries has introduced a new range of mortgages for more energy efficient buy-to-let properties.
Exclusive rates will be offered for properties with energy performance ratings A to C. The products come with free valuation and £250 cashback options available.
The new green mortgage range covers both new purchases and re-mortgages and is also available to customers switching from another lender.
Details are as follows:
- 60% & 75% £995 free valuation, free legal (remortgage only), starting from 1.71%
- 75% £1,495, free valuation and £250 cashback, starting from 1.86%
The property has to have a valid energy performance certificate (EPC) available before valuation to qualify for these new products.
George Higginson, director of home buying & ownership at Bank of Ireland UK, said: “At Bank of Ireland for Intermediaries we want to play our part in responding to climate change. And by listening to our intermediary partners, we know that demand for green mortgages is growing and we want to make sure we respond to that demand by launching this exclusive buy-to-let mortgage range which recognises energy efficiencies. This green buy-to-let range is just the first step in our plans to launch more green initiatives in the months to come.
“The bank has a commitment to make its operations net zero by 2030 and so we want to make sure our products reflect that commitment, as well as help customers achieve their own personal energy efficient and sustainability goals.”
