Bank of Ireland withdraws mortgages

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The Bank of Ireland has announced it will withdraw its entire mortgage range at close of business today.

Only fully completed online applications will now be able to reserve funds. A new range will be released tomorrow, with lower rates for products with a lower LTV. Three and five-year fixed rates will be available for 6.59% up to 75% LTV, while buy-to-let mortgages will start from 7.09%. Self-cert deals will be offered at a rate of 7.54% and up to 75% LTV, while a first time buyer product will lend up to 95% LTV for 7.49%. If you would like to comment on this story, contact: John Bakie Tel: 020 7484 9805 e-mail: [email protected] IFAonline

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