Bank of Ireland makes rate cuts

Mortgage Introducer

February 16, 2018

Bank of Ireland UK has refreshed its residential, ‘first start’ and buy-to-let mortgage ranges.

Its residential rates have been cut by up to 0.14%, with its 85% loan-to-value products starting from 1.40% for a 2-year fix and 90% LTV products starting at 2.05%.

Some of the bank’s ‘first start’ range, which combines the income of the buyer with a sponsor, have been reduced – as 90% LTV 2-year fixes now have a rate of 1.49% to 60% LTV and 1.82% to 75% LTV.

Its buy-to-let range has been reduced by up to 0.20% with 2-year fixes starting from 1.49% to 60% LTV, and 75% LTV rates from 1.82%.

Alison Pallett, director of sales, 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.”

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