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Bank of Ireland brand returns to intermediary market

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  • 11/06/2014
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Bank of Ireland brand returns to intermediary market
The Bank of Ireland is to offer UK mortgages through intermediaries for the first time since the financial crisis.

The lender will offer mortgages through brokers in Northern Ireland who are members of Legal & General Mortgage Club and appointed representatives of First Complete.

Bank of Ireland for Intermediaries will launch on Monday 16 June with a range of first-time buyer, homemover, remortgage and buy-to-let products.

The bank had previously operated through brokers across the UK under both the Bank of Ireland and Bristol & West brands but axed its intermediary service at the start of 2009.

The lender instead concentrated on direct-to-consumer lending through Post Office brand.

Last month Bank of Ireland launched a Post Office branded intermediary channel for mortgage brokers in mainland Britain.

Sean Sheehan, Bank of Ireland’s regional manager for Northern Ireland, said: “Bank of Ireland has a long history of providing mortgages in Northern Ireland and we’re delighted to extend our offering to intermediaries via Legal & General Mortgage Club and appointed representatives of First Complete.”

Jeremy Duncombe, director of Legal & General Mortgage Club, said: “This announcement is great news for our members in Northern Ireland, bringing more choice for intermediaries and their clients.”

Toni Smith, operations director at First Complete said: “Bank of Ireland is a well-established mortgage lender in Northern Ireland and we’re delighted to be able to offer their mortgages through our network.”

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