The Bank of Ireland has launched an exclusive buy-to-let product via Mortgage Box, a mortgage club for directly authorised intermediaries.
The deal between Mortgage Box, Personal Touch Financial Service and Bank of Ireland, will give intermediaries using Mortgage Box the chance to sell this discount tracker product.
The mortgage is a 3-year tracker at 5.59% with a procuration fee of 0.55%. Rental calculation is 118% at pay rate and the deal features a £1999 fee.
Dev Malle, sales director at Mortgage Box, says: “With the reduction in Bank Base Rate being a real possibility, more advisors have been asking for discounted products.
“With the current market turbulence we want our advisors to remain assured that we will continue to deliver market leading exclusive products.”
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