Bank of Ireland UK unveils new resi and BTL loans

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Bank of Ireland UK has launched new products in its residential, buy-to-let and first start ranges.

The firm has trimmed residential rates by up to 0.14 per cent.

Bank of Ireland UK’s 85 per cent LTV rates start from 1.40 per cent for a two-year fixed, and 90 per cent LTV rates start from 2.05 per cent.

Bank of Ireland UK has trimmed buy-to-let rates by up to 0.20 per cent.

A two-year fixed rate at 60 per cent LTV is now 1.49 per cent, while 75 per cent LTV rates start from 1.82 per cent.

The lender’s new first start product rolls buyers’ income together with a sponsor, allowing them to borrow more together.

A two-year first start loan at 90 per cent LTV has rates starting from 2.49 per cent.

Rates are 4.05 per cent from 95 per cent LTV.

Bank of Ireland UK director of sales Alison Pallett says: “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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