14 February 2018
Today, Wednesday 14 February, Bank of Ireland UK has announced 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% with a range of 2, 3 and 5 year rate options to choose from. Bank of Ireland UK’s 85% loan to value (LTV) rates start from 1.40% for a 2 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, allowing them to borrow more together, responsibly.
Not only has the Proc Fee on these products been enhanced to 0.50% in recent weeks, these rates have been improved by up to 0.19%. First Start’s 2 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%. Offering a combination of features, their 2 year fixed rates start from 1.49% for 60% LTV, and 75% LTV rates from 1.82%.
Alison Pallett, Director of Sales, Bank of Ireland UK says: “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.”
To view the new range or for more information, visit the Bank of Ireland for Intermediaries website at www.boi4i.com.