Bank of Ireland has introduced of new residential rates, effective from tomorrow, as well as making a series of buy-to-let (BTL) rate increases.
The lender will also be withdrawing selected products at the same time, meaning that new applications must be completed and submitted, and agreements in principle (AIPs) converted to full applications by 9am tomorrow (19th July).
Along with these changes, the lender informed brokers today of its plans to increase all Bespoke buy-to-let rates.
These changes will also take immediate effect from at 9am tomorrow.
The BTL products being withdrawn and repriced include Bank of Ireland’s 2-year and 5-year fixes at 75% LTV.
