On Friday 23 June 2017, Bank of Ireland for Intermediaries is launching a new product range. It includes a great selection of 2, 3 and 5 year fixed rate products:
Residential
- 60% LTV rates starting from 1.13% for 2 year fixed and 1.85% for 5 year fixed
- 90% LTV rates starting from 2.33% with no product fee and free standard valuation
- Products available offering a combination of features, including free standard valuation and standard legals (for remortgages only) or free standard valuation and a range of cashback options
- Sale of mortgaged property allowed as a repayment strategy to 60% LTV
- Interest Only (maximum 60% LTV), repayment or combination available.
First Start
- 75% LTV rates starting from 1.56% for 2 year fixed
- First Start gives buyers more borrowing power. By combining their income with that of a sponsor, together they can borrow more, responsibly
- Together, the sponsor and applicant can borrow up to 95% of the value of the property
- Both parties are co-borrowers, making them jointly and individually liable for the monthly mortgage repayments, as well as the total mortgage loan
- See our lending criteria for full details.
Buy to Let
- 60% LTV rates starting from 1.65% for 2 year fixed and 2.43% for 5 year fixed
- 75% LTV rates starting from 1.95% for 2 year fixed and 2.89% for 5 year fixed
- Products available offering a combination of features, including free standard valuation and standard legals (for remortgages only) or free standard valuation and a range of cashback options.
We’ll be withdrawing our current range at 9am, Friday 23 June. Details of the withdrawn products are available on our website and in the attached document.
New applications for a withdrawn product must be submitted before 9am, Friday 23 June. Accepted AIPs must be converted to a full application before 5pm, Monday 26 June.
Please let us know if you need any further information.
