Bank of Ireland UK has launched a new range of 95% LTV mortgages, designed to provide support to those who can no longer benefit from the Government’s Help to Buy scheme.
Rates start from 3.89% for a two-year fix. Three-year fixed rates are available at 3.98% and five-year fixed rates start from 4.09%.
Alison Pallett, Director of Sales at Bank of Ireland UK, said: “We believe that first time buyers are integral to the long term health of the housing market, helping to stimulate activity at all stages of home ownership.
“We hope that this new proposition will help to enable the next generation of home owners to take their first steps onto the housing ladder.”
Last month, Bank of Ireland UK joined Personal Touch's panel as well as launching a new five-year fixed-rate range.