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Bank of Ireland UK boosts mortgage range

  • 23/06/2017
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Bank of Ireland UK boosts mortgage range
Bank of Ireland UK has launched a range of products across all loan-to-value (LTV) bands in the two, three and five-year fixed-rate markets.

The range features a two-year fixed rate available to brokers at 60% LTV with a rate of 1.13%. This includes free standard legals and a free valuation. The product has a £995 arrangement fee.

Buy to let rates start at 1.65% for a two-year fixed rate, with a £1,495 arrangement fee.

Alison Pallett (pictured), director of mortgage sales, Bank of Ireland UK, said: “It’s great to be able to offer such a large competitive range which gives brokers more choice and more opportunities to help more clients.

“We believe the increased breadth in products will help diversify our offering to brokers and customers alike.”

Bank of Ireland recently extended its lending criteria to self-employed borrowers.

It will now consider applications from professional self-employed contractors who have been trading for at least 12 months and will use the current contract for the purpose of verifying income.

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