Here is the latest update from the Bank of Ireland. For more information visit their website here or for full details of their Lending Criteria, click here.
Product Changes
We are launching new products in the following ranges at 9am, Wednesday 24th May.
Overview of changes:
Bespoke Residential
- STD 0-60% LTV – reducing by up to 18bps (2yr and 5yr)
- STD 60-75% LTV – reducing by up to 16bps (2yr) and up to 11bps (5yr)
- STD 75-85% LTV – reducing by up to 16bps (2yr) and up to 16bps (5yr)
- STD & GNB 90% LTV – reducing by 5bps (2yr) and by 10bps (5yr)
- Large Loans 0-75% LTV – reducing by 10bps (2yr) and 15bps (5yr)
- Large Loans 0-75% LTV – reducing by 33bps (2yr) and 35bps (5yr)
- Large Loans 0-75% LTV – reducing by 30bps (2yr) and 25bps (5yr)
- End dates of July on all new products
BOI4I Residential
- Withdrawing all 60% LTV products
- Withdrawing £995 75% LTV products
- Withdrawing 7 year fixed range
- Increasing 2 year fixed 90% LTV product by 7bps
- End date of July on new products