Bank of Ireland for Intermediaries has introduced new first-time-buyer (FTB) mortgages with cashback offers to help with the costs of purchasing a first home.
The offerings include a 5-year fixed mortgage for up to 95% loan-to-value (LTV) at 5.42% with no fee, alongside £1,000, £2,000, and £3,000 cashback options.
There is also a 5-year fixed product for up to 90% LTV at 5.12% with similar cashback options.
Additionally, the range offers a 5-year fixed mortgage for up to 85% LTV, priced at 4.94% with a £995 fee and £3,000 cashback.
Alan Longhorn (pictured), head of sales, distribution & marketing at Bank of Ireland for Intermediaries, said: “We strongly support the ambitions of many consumers to own their own homes and the release of this new range of products demonstrates our commitment to provide solutions that help even more first-time buyers get onto the property ladder.
“We have provided cashback incentives across this new range to give a boost to first-time buyers balancing the multitude of expenses associated with buying a home.”
