The Bank will now pay the valuation fee on all new Bank of Ireland for Intermediaries Help to Buy mortgages and give borrowers a £400 cashback on completion.
BoI says the products are the lowest ‘no fee’ Help to Buy rates available via intermediaries on the market with rates starting from 3.74%.
Rate cuts apply to all residential mortgages, with rates reduced by up to 0.20% and cashback improved from £300 to £400.
Bank of Ireland for Intermediaries has also launched a new range of 2 year buy-to-let fixed rates with rate cuts of up to 0.32%. Rates now start from 1.97% and the range features a 60% LTV product with free fees for borrowers looking to remortgage.
Mark Howell, Director of Marketing and Customer Management, said:
“We work closely with our broker partners, taking on board their feedback and we are delighted to be able to offer them a new and improved set of Bank of Ireland for Intermediaries products. Our new range offers intermediaries and their customers excellent rates across all product areas, supporting Britain’s First Time Buyers, movers, those remortgaging and Buy-to-Let landlords.
"We expect this new product range to be very popular with our broker partners and we are looking forward to providing excellent service along with these very competitive rates”.
