The bank’s offering includes tracker and fixed-rate mortgage products with a £500 cashback incentive for first-time buyers and customers switching their mortgage to Danske if they pay their salary into a Danske account.
Tony Wilcox, Danske Bank’s managing director, personal banking, said the housing market in Northern Ireland was beginning to show signs of recovery.
“With average house prices and transaction levels both increasing more people are looking to take out a mortgage especially among first-time buyers,” he said.
“We have money to lend and an attractive proposition for consumers looking for a new mortgage whether it’s their first mortgage for a house move or switching from another mortgage provider.”
Danske Bank will accept mortgage applications from customers using the co-ownership scheme to purchase a property.
This applies across the full range of mortgage products with 100% of customer share available.
The Council of Mortgage Lenders’ gross lending figures for Northern Ireland house purchases showed an increase of 41% to £240m in quarter one year-on-year.
Brian McCormick, chair of the CML in Northern Ireland, said: “The strong upward year-on-year trend in Northern Ireland is showing growth in all borrower types.
“Northern Ireland has very particular challenges compared to the rest of the UK so seeing increased activity over the past few quarters shows progress that will hopefully continue going forward.”
John Cupis, managing director, mortgages, at Sesame Bankhall Group,(pictured) said: “We are very pleased to have further extended our offering with the addition of Danske Bank.
“I am sure that its range of residential products will prove popular with our members in Northern Ireland.”
