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Product information

Here's what you need to know about our products. 

Criteria at your fingertips

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Lending criteria

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Affordability calculator

Our mortgages are available in Great Britain. Please see our distribution page for full details of the networks we work with.

The Bank of England Base Rate is currently 0.50%. The Lending Fee is £195 (due on completion, but can be deferred until mortgage is fully repaid). All information is correct as at 19/02/2018.

Residential rates - up to 95% LTV

Give your customers more options. You can choose from fixed or variable residential products for both purchases and remortgages.

  • Fixed rates - up to 90% LTV for purchases and remortgages and 95% LTV for purchases only. Your customers can choose a fixed rate to secure a rate for 2, 3 or 5 years.
  • Variable rates - up to 90% LTV for purchases and remortgages and 95% LTV for purchases only. If your customer would prefer a variable mortgage rate they can choose this. 
  • First Start - up to 95% LTV for purchases only. Designed to boost the borrowing power of first time buyers or customers struggling to get on the property ladder after a change in personal circumstance.

Our 95% LTV products are not available for top up loans when porting your customer's mortgages.

Buy to Let rates - up to 75% LTV

Whether your customers are first time landlords or already know the process, we offer a wide range of fixed rate products, available for both purchases and remortgages. We just ask that they don’t own more than three Buy to Let mortgaged properties.

Criteria highlights:

  • Ability to pay is assessed on rental income (which must be received in GBP). The rental income must be at least 145% of the monthly interest due inclusive of any product fees added to the loan. This is calculated using the initial product rate or one of the rates from the table below depending on your circumstance, whichever is higher.
Interest Cover Rate
Product Buy to Let purchase / Let to Buy Buy to Let remortgage
Fixed rate for less than five years or a variable rate 5.5% 5.5%
Fixed rate for five or more years 5% 5%
  • The total portfolio size is three BTL mortgaged properties per applicant (either solely or jointly) across all lenders, including Bank of Ireland Group
  • The maximum value of Bank of Ireland portfolio of loans is £1,500,000. Maximum individual loan amount is £500,000
  • No minimum income required.

Check whether your customers and their property meet our lending criteria requirements.

Criteria at your fingertips

Our lookup tool makes your life easier.

Lending criteria

How much can your customers borrow?

Get an instant estimate based on their income and financial commitments.

 

Affordability calculator

Put us to the test

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