New intermediary range from Bank of Ireland UK

New intermediary range from Bank of Ireland UK

Bank of Ireland UK has made changes across its residential, First Start and buy-to-let ranges with the launch of new products.

Residential rates have reduced by up to 0.14 percentage points with a range of two, three and five-year rate options to choose from.

Bank of Ireland UK’s 85% loan to value (LTV) rates start from 1.40% for a two-year fixed, and 90% LTV rates start from 2.05%. New products are also available with a combination of features, including free standard valuation and standard legal fees paid by lender (for remortgagers only) or free standard valuation and a range of cashback options.

Bank of Ireland UK’s First Start product combines the income of the buyer with that of a sponsor. Not only has the Proc Fee on these products been increased to 0.50% in recent weeks, these rates have been improved by up to 0.19 percentage points. First Start’s two-year 90% LTV rates start from 2.49% and 95% rates from 4.05%.

The buy-to-let range has seen rates reduced by up to 0.20 percentage points. Offering a combination of features, two-year fixed rates start from 1.49% for 60% LTV, and 75% LTV rates from 1.82%.

Alison Pallett (pictured), director of sales at 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.”