New intermediary range from Bank of Ireland UK

Published on

Bank of Ireland UK has made changes across its residential, First Start and buy-to-let ranges with the launch of new products.

Residential rates have reduced by up to 0.14 percentage points with a range of two, three and five-year rate options to choose from.

Bank of Ireland UK’s 85% loan to value (LTV) rates start from 1.40% for a two-year fixed, and 90% LTV rates start from 2.05%. New products are also available with a combination of features, including free standard valuation and standard legal fees paid by lender (for remortgagers only) or free standard valuation and a range of cashback options.

Bank of Ireland UK’s First Start product combines the income of the buyer with that of a sponsor. Not only has the Proc Fee on these products been increased to 0.50% in recent weeks, these rates have been improved by up to 0.19 percentage points. First Start’s two-year 90% LTV rates start from 2.49% and 95% rates from 4.05%.

The buy-to-let range has seen rates reduced by up to 0.20 percentage points. Offering a combination of features, two-year fixed rates start from 1.49% for 60% LTV, and 75% LTV rates from 1.82%.

Alison Pallett (pictured), director of sales at Bank of Ireland UK, said: “We’re so pleased to announce the launch of this new and improved range, and happy to be continually supporting the broker market. Our new rates will further support our brokers to help even more customers.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

FCA chief calls for bold reform to build ‘mortgage market of the future’

The Financial Conduct Authority has set out a sweeping vision for a more accessible...

FCS Compliance to host customer due diligence webinar for property professionals

FCS Compliance has announced the latest in its series of free educational webinars for...

BFS backs recruitment firm acquisition with £6.75m funding package

Independent SME funder Bibby Financial Services (BFS) has provided a £6.75 million invoice discounting...

Gen H named among UK’s fastest-growing tech firms in Deloitte Fast 50

Fintech mortgage lender Gen H has been recognised as one of the UK’s fastest-growing...

The Suffolk reduces fixed rates across expat and buy-to-let ranges

Suffolk Building Society has cut rates by up to 20 basis points across 10...

Latest publication

Other news

FCA chief calls for bold reform to build ‘mortgage market of the future’

The Financial Conduct Authority has set out a sweeping vision for a more accessible...

FCS Compliance to host customer due diligence webinar for property professionals

FCS Compliance has announced the latest in its series of free educational webinars for...

BFS backs recruitment firm acquisition with £6.75m funding package

Independent SME funder Bibby Financial Services (BFS) has provided a £6.75 million invoice discounting...